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please answer all. thanks so much:) 23 Fausto Company employs a standard cost system in which direct materials inventory is carried at standard cost. The
please answer all. thanks so much:)
23 Fausto Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standard for the materials costs of one unit of product: Standard Standard QuantityPriceStandard Cost 6.0 pounds $6.30/pound$37.80 During June, the company purchased 158,000 pounds of direct material at a total cost of $1,011,200. The company manufactured 18,000 units of product during June using 108,720 pounds of direct materials. The direct material quantity variance for June is: $4,536 unfavorable. $4,608 unfavorable. $4,608 favorable. O $4,536 favorableStep by Step Solution
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