Question
The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are as follows: Standard Costs Direct materials
The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are as follows:
| Standard Costs | |
| Direct materials | 1,040 kilograms at $8.96 |
| Actual Costs | |
| Direct materials | 2,300 kilograms at $8.25 |
The direct materials price variance is
a.$738 favorable
b.$738 unfavorable
c.$1,633 unfavorable
d.$1,633 favorable
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Financial Accounting
Authors: Robert K. Eskew, Daniel L. Jensen
5th Edition
0070213550, 978-0070213555
