Question
Contents Inc. has a material standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July,
Contents Inc. has a material standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July, Contents Inc. paid $66,100 for 2,475 pounds, which they used to produce 2,350 units. What is the direct materials quantity variance?
| a. | $3,250 favorable | ||
| b. |
| ||
| c. |
| ||
| d. | $3,250 unfavorable |
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Managerial Accounting A Focus On Ethical Decision Making
Authors: Jackson
5th Edition
B00651UGQG
