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Kasson Company has set the following standards for the direct materials for its single product: standard quantity standard price direct materials 4 pounds per unit
Kasson Company has set the following standards for the direct materials for its single product: standard quantity standard price direct materials 4 pounds per unit ??? per pound Kasson Company reported the following information relates to the month of September: 1. 49,000 pounds of direct materials were purchased at a cost of $4.80 per pound. 8,000 units of product were produced using 44,000 pounds of direct materials. 2. 3. The direct material quantity variance for September was $51,000 unfavorable. Calculate the direct material price variance for September. If the variance is favorable, place a minus sign in front of your answer (i.e., -5000). If the variance is unfavorable simply ente your answer as a number (i.e., 5000)
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