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Roy Inc. has a standard costing system. The following data is available for November: Acutal quantity of direct materials purchased 24,000 pounds Standard price of
Roy Inc. has a standard costing system. The following data is available for November: Acutal quantity of direct materials purchased 24,000 pounds Standard price of direct materials $ 6 Material price variance per pound Unfavorable Material quantity variance $6,000 $2,400 Favorable The actual price per pound of direct materials purchased in November was: Oa. $5.90 per pound b. $6.25 per pound Oc. $6.10 per pound d. $6.30 per pound
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