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The following company information is available. The direct materials quantity variance is: Direct materials used for production 33,000 gallons Standard quantity for units produced 31,000
The following company information is available. The direct materials quantity variance is:
| Direct materials used for production | 33,000 | gallons |
|---|---|---|
| Standard quantity for units produced | 31,000 | gallons |
| Standard cost per gallon of direct material | $ 9.00 | |
| Actual cost per gallon of direct material | $ 9.20 |
Multiple Choice
$24,600 unfavorable.
$17,200 unfavorable.
$17,200 favorable.
$24,600 favorable.
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Auditing Principle And Practice
Authors: Satyabrata Tripathy
1st Edition
9332519382, 9789332519381
