Question
Jackson Industries has collected the following data for one of its products: Direct materials standard (6 pounds per unit @ $0.55/lb.) $3.30 per finished good
Jackson Industries has collected the following data for one of its products:
| Direct materials standard (6 pounds per unit @ $0.55/lb.) | $3.30 per finished good |
| Direct materials flexible budget varianceunfavorable | $12,000 |
| Actual Direct Materials Used (AQU) | 35,000 pounds |
| Actual finished goods produced | 26,000 units |
What is the actual cost of the Direct Materials Used (AQU) per pound?
A. $2.79
B. $2.11
C. $2.45
D. $0.55
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Accounting A Comprehensive Guide For Beginners
Authors: Robert McCarthy
1st Edition
1638180474, 978-1638180470
