Question
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.97; actual, $2.05 Standard yards per unit: standard, 4.70 yards;
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.97; actual, $2.05 Standard yards per unit: standard, 4.70 yards; actual, 4.93 yards Units of production: 9,300 Calculate the direct materials price variance
. a. $3,667.92 unfavorable
b. $744.00 unfavorable
c. $3,496.80 favorable
d. $3,667.92 favorable
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Excel For Accountants Tips, Tricks & Techniques
Authors: Conrad Carlberg
1st Edition
1932925015, 9781932925012
