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Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard Quantity is 3.8 kilos per unit; Standard price is
Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard Quantity is 3.8 kilos per unit; Standard price is $7.00 per kilo. The company produced 5,600 units in November using 21,750 kilos of the material. During the month, the company purchased 24,800 kilos of the direct material at a total cost of $168,640. The direct materials purchases variance is computed when the direct materials are purchased. The direct materials purchase price variance for November is:
| $4,256 F | |
| $4,256 U | |
| $4,350 F | |
| $4,960 F |
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