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Kyle, Inc. has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (2 lbs @ $1/lb)
Kyle, Inc. has collected the following data on one of its products. The direct materials price variance is:
Direct materials standard (2 lbs @ $1/lb) $ 2 per finished unit
Total direct materials cost varianceunfavorable $ 25,250
Actual direct materials used 105,000 lbs
Actual finished units produced 35,000 units
$25,250 unfavorable
. $35,000 unfavorable.
$30,750 favorable.
$9,750 unfavorable.
$9,750 favorable.
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