Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The standard materials cost to produce 1 unit of Product M is 8 pounds of material at a standard price of $48 per pound. In
The standard materials cost to produce 1 unit of Product M is 8 pounds of material at a standard price of $48 per pound. In manufacturing 5,000 units, 39,000 pounds of material were used at a cost of $49 per pound. What is the total direct materials cost variance? |
$9,000 unfavorable. | |
$9,000 favorable. | |
$49,000 unfavorable. | |
$40,000 unfavorable. | |
$49,000 favorable. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started