Question: Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard,
Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.92; actual, $2.04 Standard yards per unit: standard, 4.61 yards; actual, 4.98 yards Units of production: 9,300 Calculate the direct materials price variance. Oa. $1,116.00 unfavorable Ob. $5,144.76 favorable Oc. $5,557.68 favorable Od. $5,557.68 unfavorable
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
