Question
Question Content Area The standard costs and actual costs for direct materials for the manufacture of 2,800 actual units of product are as follows: Standard
Question Content Area
The standard costs and actual costs for direct materials for the manufacture of 2,800 actual units of product are as follows:
| Standard Costs | |
| Direct materials | 1,040 kilograms @$8.76 |
| Actual Costs | |
| Direct materials | 2,800 kilograms @ $8.10 |
The direct materials price variance is
a. $1,848 favorable
b. $686 favorable
c. $1,848 unfavorable
d. $686 unfavorable
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
8th Edition
9781118139424, 9781118139431, 470635290, 1118139429, 1118139437, 978-0470635292
