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The Cheese man Company makes tables and the following standards have been developed: Production of 230 tables was expected in July, but 250 tables were
The Cheese man Company makes tables and the following standards have been developed: Production of 230 tables was expected in July, but 250 tables were actually completed. Direct materials purchased and used were 2, 200 pounds at an actual price of $4.50 per pound. Direct labor cost for the month was $10, 620, and the actual pay per hour was $18.00. What is the direct material price variance for July? $1, 100 Favorable B) $800 Favorable 1 $1, 100 Unfavorable D) $800 Unfavorable
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