Question: TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has establahed fie fodiowing standards for the
TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has establahed fie fodiowing standards for the prime costs of one unit of product. During November, TaskMaster purchased 160,000 pounds of direct materlals at a total cost of $288,000. The total factory wages for Norember were $44.000 907 of which were for direct labor. TaskMaster manufactured 17.000 units of product during November using 126.000 pounds of direct materlaks and 6.000 direct laboi hours. What is the direct materials efficlency variance for November? Muttple Choice $17000
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