Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The actual cost of direct materials is 9.00 per pound. the standard cost per pound is 8.75. During the current period, 9600 pounds of direct
The actual cost of direct materials is 9.00 per pound. the standard cost per pound is 8.75. During the current period, 9600 pounds of direct materials were used in production and 16800 pounds were purchased. The standard quantity of direct materials for actual units produced is 16600 pounds. How much is the direct materials quantity variance?
a. 63000 unfavorable
b. 61250 unfavorable
c. 63000 favorable
d. 61250 favorable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started