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PLEASE ANSWER ONLY IF YOU ACTUALLY KNOW HOW TO DO THIS QUESTION. A company has collected the following data for one of its products: Direct
PLEASE ANSWER ONLY IF YOU ACTUALLY KNOW HOW TO DO THIS QUESTION.
A company has collected the following data for one of its products: Direct materials standard (3 pounds @ $1/lb.) $3 per finished good Direct materials flexible budget variance-unfavorable $14,000 Actual direct materials used 100,000 pounds Actual finished goods produced 25,000 units
How much is the direct materials price variance?
A. $11,000 F
B. $25,000 F
C. $11,000 U
D. $25,000 U
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