Question: Question 15 (4 points) Simba Company's standard materials cost per unit of output is $10.35 (2.30 pounds X $4.50). During July, the company purchases and
Question 15 (4 points) Simba Company's standard materials cost per unit of output is $10.35 (2.30 pounds X $4.50). During July, the company purchases and uses 3,105 pounds of materials costing $16,767 in making 1,500 units of finished product. Compute the total materials variances and indicate whether favorable, unfavorable, or neither favorable nor unfavorable. a) $1,300 unfavorable Ob) $-1,300 favorable c) $1,242 favorable Od) $-1.242 unfavorable Onn
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
