Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The per-unit standards for direct materials are 3 gallons at $5 per gallon. Last month, 22,200 gallons of direct materials that actually cost $42,400 were

  1. The per-unit standards for direct materials are 3 gallons at $5 per gallon. Last month, 22,200 gallons of direct materials that actually cost $42,400 were used to produce 8,000 units of product. The direct materials quantity variance for last month was

    $9,000 unfavorable.

    $10,000 favorable.

    $24,200 favorable.

    $2,400 unfavorable.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Federal Taxation 2016 Comprehensive

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

29th Edition

134104374, 978-0134104379

Students also viewed these Accounting questions