Question
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.91; actual, $2.03 Standard yards per unit: standard, 4.62 yards;
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.91; actual, $2.03 Standard yards per unit: standard, 4.62 yards; actual, 5.09 yards Units of production: 9,200 Calculate the direct materials quantity variance.
a.$8,777.72 favorable
b.$8,258.84 favorable
c.$8,258.84 unfavorable
d.$8,777.72 unfavorable
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
Advanced Accounting
Authors: Debra Jeter, Paul Chaney
6th edition
978-1118742945, 111874294X, 978-1119045946, 1119045940, 978-1119119364
