Belle Pastry has the following information: Actual costs: Direct materials: Purchased 10,000 lb at $2.00 per...

 

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Belle Pastry has the following information: Actual costs: Direct materials: Purchased 10,000 lb at $2.00 per lb. The company used 8,000 lb to produce 4,200 units. Standard costs: Direct materials, 2 lb of material per unit at $2.25 per lb. The DM quantity variance is: Belle Pastry has the following information: Actual costs: Direct materials: Purchased 10,000 lb at $2.00 per lb. The company used 8,000 lb to produce 4,200 units. Standard costs: Direct materials, 2 lb of material per unit at $2.25 per lb. The DM quantity variance is:

Answer rating: 100% (QA)

SOLUTION To calculate the direct materials quantity variance we need to know the ... View the full answer