Question
If The standard costs and actual costs for direct materials for the manufacture of 2,340 actual units of product are as follows: Standard Costs Direct
If The standard costs and actual costs for direct materials for the manufacture of 2,340 actual units of product are as follows:
Standard CostsDirect materials2,340 kilograms at $8.70
Actual CostsDirect materials2,400 kilograms at $8.05
what is The direct materials quantity variance is
a.$418 favorable
b.$522 favorable
c.$522 unfavorable
d.$418 unfavorable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Accounting Information Systems
Authors: Robert Hurt
4th Edition
78025885, 78025884, 9781259293795 , 978-0078025884
