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, 4.60 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, 4.60 yards; actual, 5.28 yards
Units of production: 9,400
Calculate the direct materials quantity variance.
$12,975.76 unfavorable
$12,720.08 unfavorable
$12,720.08 favorable
$12,975.76 favorable
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Financial Accounting
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
16th Edition
1337913103, 9781337913102
