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Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard quantity 3.9 kilos per unit Standard price $10.00 per
Degregorio Corporation makes a product that uses a material with the following direct material standards:
Standard quantity | 3.9 | kilos per unit |
Standard price | $10.00 | per kilo |
The company produced 8,100 units in November using 32,070 kilos of the material. During the month, the company purchased 34,250 kilos of the direct material at a total cost of $335,650. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for November is:
$6,850 U
$6,146 U
$6,146 F
$6,850 F
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