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The following information is provided by the Atlas Company: Actual direct material cost $ 27,000 Standard direct material cost $ 23,000 Direct material usage variance
The following information is provided by the Atlas Company:
Actual direct material cost | $ | 27,000 | |
Standard direct material cost | $ | 23,000 | |
Direct material usage variance | $ | 2,000 | unfavorable |
What is the direct material price variance?
Multiple Choice
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$2,000 favorable
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Not enough information is provided
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$6,000 unfavorable
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$2,000 unfavorable
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