Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 11000 gallons of direct materials that actually cost $40700 were

The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 11000 gallons of direct materials that actually cost $40700 were used to produce 6200 units of product. The direct materials quantity variance for last month was

$5600 unfavorable.

$5500 unfavorable.

$4200 favorable.

$5600 favorable.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Auditing

Authors: A. Pandu

1st Edition

8189630822, 978-8189630829

More Books

Students also viewed these Accounting questions