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Oyuncakistan Inc., uses standard costing system. The following information belongs to its 2020 records. Standards Actual Other DM qty: 5 kilo per toy DM used:

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Oyuncakistan Inc., uses standard costing system. The following information belongs to its 2020 records. Standards Actual Other DM qty: 5 kilo per toy DM used: 129,000 kilo Units sold: 24,000 DM price: 7 TL per kilo Paid for DM: 6.80 TL/per kilo Units manufactured 25,400 REQUIRED: Direct material price variance

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