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The following data relate to direct materials costs for february: Materials cost per yard: Standard, $2.00; actual, $2.10 Standard yards per unit: standard, 4.5 yards;
The following data relate to direct materials costs for february:
Materials cost per yard: Standard, $2.00; actual, $2.10
Standard yards per unit: standard, 4.5 yards; actual, 4.75 yards
units of production: 9,500
Calculate the direct materials price variance.
A. $378.00 Favorable
B. $378.00 Unfavorable
C. $4,512.50 Unfavorable
D.$1,795.50 Favorable
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Accounting Principles A Business Perspective Financial Accounting Chapters 9 To 18
Authors: Bill Buxton, Amy Sibiga
1st Edition
1461160863, 978-1461160861
