Question
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.03 Standard yards per unit: standard, 4.68 yards;
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.03 Standard yards per unit: standard, 4.68 yards; actual, 4.99 yards Units of production: 9,500 Calculate the direct materials quantity variance.
a.$5,978.35 favorable
b.$5,772.20 favorable
c.$5,978.35 unfavorable
d.$5,772.20 unfavorable
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Financial Accounting Reporting And Analysis
Authors: Jennifer Maynard
2nd Edition
0198745311, 9780198745310
