Question
Hello, Please check my answer thank you. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.98; actual, $2.04
Hello, Please check my answer thank you.
The following data relate to direct materials costs for February:
Materials cost per yard: standard, $1.98; actual, $2.04
Standard yards per unit: standard, 4.74 yards; actual, 5.14 yards
Units of production: 9,300
Calculate the direct materials price variance.
a.$558.00 unfavorable
b.$2,644.92 favorable
c.$2,868.12 favorable
d.$2,868.12 unfavorable
With this one use diresct material cost i got C 2868
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of material, $5.10 and standard costs for 4,440 pounds of material at $6.00 per pound.
What is the direct materials quantity variance?
a.$1,380 favorable
b.$1,380 unfavorable
c.$4,203 favorable
d.$4,203 unfavorable
This one i believe it is unfavorable B
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