Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data relate to direct materials costs for April: Materials cost per yard: standard, $3.25; actual, $3.50 Standard yards per unit: standard, 7.0 yards;

The following data relate to direct materials costs for April:

Materials cost per yard: standard, $3.25; actual, $3.50

Standard yards per unit: standard, 7.0 yards; actual, 8.0 yards

Units of production: 13,400

Calculate the direct materials quantity variance.

a.

$43,550 unfavorable

b.

$43,550 favorable

c.

$46,900 unfavorable

d.

$46,900 favorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Auditing For Hospitals

Authors: Seth Allcorn

1st Edition

0894431633, 978-0894431630

More Books

Students also viewed these Accounting questions

Question

Describe how data could be transmitted using frequency modulation.

Answered: 1 week ago

Question

Does it exceed two pages in length?

Answered: 1 week ago

Question

Does it avoid typos and grammatical errors?

Answered: 1 week ago