Question
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.90; actual, $2.05 Standard yards per unit: standard, 4.69 yards;
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.90; actual, $2.05 Standard yards per unit: standard, 4.69 yards; actual, 5.05 yards Units of production: 9,500 Calculate the direct materials price variance.
a.$6,683.25 favorable
b.$1,425.00 unfavorable
c.$7,196.25 favorable
d.$7,196.25 unfavorable
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Brinks Modern Internal Auditing A Common Body Of Knowledge
Authors: Robert R. Moeller
7th Edition
0470293039, 978-0470293034
