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The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.04 Standard yards per unit: standard, 4.64 yards;
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The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.04 Standard yards per unit: standard, 4.64 yards; actual, 4.99 yards Units of production: 9,400 Calculate the direct materials price variance.
a.$3,752.48 unfavorable
b.$3,752.48 favorable
c.$752.00 unfavorable
d.$3,489.28 favorable
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.04 Standard yards per unit: standard, 4.64 yards; actual, 4.99 yards Units of production: 9,400 Calculate the direct materials price variance.
a.$3,752.48 unfavorable
b.$3,752.48 favorable
c.$752.00 unfavorable
d.$3,489.28 favorable
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