Question
The following datat related to direct material costs for November: actual costs 4700 pounds at $5.30 Standard costs 4500 pounds at $6.00 What is the
The following datat related to direct material costs for November:
actual costs 4700 pounds at $5.30
Standard costs 4500 pounds at $6.00
What is the direct materials quantity variance?
a. $2700 favorable
b. $1200 favorable
c. $2700 favorable
d. $1200 unfavorable
Please show explanation with answer
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Accounting For Financial Instruments
Authors: Cormac Butler
1st Edition
0470699809, 978-0470699805
