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Do not round interim calculations. Round your final answer to the nearest dollar. The direct materials price variance is O a. $5,721 unfavorable O b.
Do not round interim calculations. Round your final answer to the nearest dollar.
The direct materials price variance is
O a. $5,721 unfavorable
O b. $2,288 unfavorable
O c. $5,721 favorable
O d. $2,288 favorable
The following data are given for Stringer Company: Budgeted production Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs 929 units 1,058 units $1.84 10 10,897 $22,339 $14.58 per hour 4.8 5,448.7 $83,093 $1,128,000 $25.00 per standard labor hour $152,564 Overhead is applied on standard labor hours
Do not round interim calculations. Round your final answer to the nearest dollar.
The direct materials price variance is
O a. $5,721 unfavorable
O b. $2,288 unfavorable
O c. $5,721 favorable
O d. $2,288 favorable
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