Item5

2points

Time Remaining 7 minutes 25 seconds

00:07:25

Item5

Item 5 2 points

Time Remaining 7 minutes 25 seconds

00:07:25

TB MC Qu. 10-60 Gipple Corporation makes a product that uses ...

Gipple Corporation makes a product that uses a material with the quantity standard of 7.8 grams per unit of output and the price standard of $6.50 per gram. In January the company produced 3,900 units using 25,370 grams of the direct material. During the month the company purchased 27,900 grams of the direct material at $6.70 per gram. The direct materials purchases variance is computed when the materials are purchased.

The materials price variance for January is