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Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials quantity variance
Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials quantity variance is:
Direct materials standard (7 kg. @ $1.65/kg) $11.55per finished unit
Actual cost of materials purchased $257,850
Actual direct materials purchased and used 143,000kg
Multiple Choice
- $30,900 unfavorable.
- $52,800 unfavorable.
- $52,800 favorable.
- $21,900 unfavorable.
- $21,900 favorable.
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