Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Print Works company has collected actual results for the current month as follows: Actual amounts: Units produced 5,600 Direct materials purchased and used (7,000 lbs.)

Print Works company has collected actual results for the current month as follows: Actual amounts: Units produced 5,600 Direct materials purchased and used (7,000 lbs.) $49,000 Budgeted production and standard costs were: Budgeted production Direct materials 5,000 units 1.5 lbs/unit at $3/lb. Which of the following is the direct materials quantity variance? A. $4,200 unfavorable B. $4,200 favorable C. $28,000 favorable D. $28,000 unfavorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Management Accounting

Authors: Charles T. Horngren, Gary Sundum, Gary L. Sundem

8th Edition

0134870751, 978-0134870755

More Books

Students also viewed these Accounting questions

Question

Explain budgetary Control

Answered: 1 week ago

Question

Solve the integral:

Answered: 1 week ago

Question

What is meant by Non-programmed decision?

Answered: 1 week ago

Question

What are the different techniques used in decision making?

Answered: 1 week ago