Question
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.99; actual, $2.03 Standard yards per unit: standard, 4.65 yards;
The following data relate to direct materials costs for February:
Materials cost per yard: standard, $1.99; actual, $2.03
Standard yards per unit: standard, 4.65 yards; actual, 5.11 yards
Units of production: 9,300
Calculate the direct materials price variance.
$1,729.80 favorable
$1,900.92 unfavorable
$1,900.92 favorable
$372.00 unfavorable
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
17th Edition
1260247783, 978-1260247787
