Question
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.05 Standard yards per unit: standard, 4.63 yards;
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.05 Standard yards per unit: standard, 4.63 yards; actual, 5.09 yards Units of production: 9,000 Calculate the direct materials price variance. a. $4,122.90 favorable b. $810.00 unfavorable c. $3,750.30 favorable d. $4,122.90 unfavorable
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Fundamentals Of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
1st Edition
0072992573, 9780072992571
