Question: John makes a product called CC. CC has a standard of 2 yards of fabric for each CC. The standard price per yard of fabric
John makes a product called CC. CC has a standard of 2 yards of fabric for each CC. The standard price per yard of fabric is $3.
During the period, John planned to make 6,400 units of CC, but actually made 6,000 CCs. John used 11,600 yards of fabric and incurred an actual cost of $34,500 for the fabric.
| What is the direct material price variance for the current period? with explanation |
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