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The following data relate to direct materials costs for November: Actual costs 4,700 pounds at $5.40 Standard costs 4,500 pounds at $6.20 What is the
The following data relate to direct materials costs for November:
| Actual costs | 4,700 pounds at $5.40 |
| Standard costs | 4,500 pounds at $6.20 |
What is the direct materials price variance?
| $3,600 favorable |
| $160 favorable |
| $3,760 favorable |
| $3,600 unfavorable |
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Auditing Information Systems A Comprehensive Reference Guide
Authors: Jack J. Champlain
1st Edition
0471168904, 978-0471168904
