Question
Wissota Co. has a material standard of 2 pounds per unit of output. Each pound has a standard price of $12 a pound. During February,
Wissota Co. has a material standard of 2 pounds per unit of output. Each pound has a standard price of $12 a pound. During February, Wissota Co. paid $57,220 for 4,840 pounds, which were used to produce 2,400 units. What is the direct materials price variance?
| a. | $1,420 unfavorable | |
| b. | $860 unfavorable | |
| c. | $860 favorable | |
| d. | $1,420 favorable |
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Activity Based Cost Management In Government
Authors: Gary Cokins
2nd Edition
1567261817, 978-1567261813
