If the standard to produce a given amount of product is 1,000 units of direct materials at

Question:

If the standard to produce a given amount of product is 1,000 units of direct materials at $11 and the actual was 800 units at $12, the direct materials price variance was $800 favorable. True or False?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

Question Posted: