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Hillman Company's actual direct materials cost and standard costs for February are as follows: Actual quantity purchased 3,600 pounds actual quantity used in production 3,500
Hillman Company's actual direct materials cost and standard costs for February are as follows:
Actual quantity purchased | 3,600 pounds |
actual quantity used in production | 3,500 pounds |
actual price per pound | $11.00 |
standard price per pound | $12.00 |
standard quanity allowed for actual production | 3,400 pounds |
The direct materials price variance is? direct materials inventory variance? Direct materials usage variance?
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