Question
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.92; actual, $2.05 Standard yards per unit: standard, 4.60 yards;
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.92; actual, $2.05 Standard yards per unit: standard, 4.60 yards; actual, 5.22 yards Units of production: 9,400 Calculate the direct materials price variance.
a.$1,222.00 unfavorable
b.$6,378.84 unfavorable
c.$6,378.84 favorable
d.$5,621.20 favorable
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College Accounting Ch 1-14
Authors: John Wild, Vernon Richardson, Ken Shaw
1st Edition
0073346896, 9780073346892
