10 6 points Table Company's standard materials cost per unit of output is $5.40 (.15 pounds...

Transcribed Image Text:

10 6 points Table Company's standard materials cost per unit of output is $5.40 (.15 pounds x $36.00 per pound). Last month, Table purchased and used 950 pounds of materials costing $33,071 in manufacturing 62,912 units. Determine the materials price variance. (Round per unit values to 2 decimal places, e.g. 7.53) Type your answer... C 10 6 points Table Company's standard materials cost per unit of output is $5.40 (.15 pounds x $36.00 per pound). Last month, Table purchased and used 950 pounds of materials costing $33,071 in manufacturing 62,912 units. Determine the materials price variance. (Round per unit values to 2 decimal places, e.g. 7.53) Type your answer... C

Answer rating: 100% (QA)

To determine the materials price variance we first need to calculate the standard cost of materials ... View the full answer