Question
The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12,200 gallons of direct materials that actually cost $46,200 were
The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12,200 gallons of direct materials that actually cost $46,200 were used to produce 6,000 units of product.
What were the direct materials quantity variance for last month?
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Intermediate Accounting Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian Edition
1119497043, 978-1119497042
