Question: will upvote! please note that the question is asking for total direct materials variance. TB MC Qu. 23-105 (Static) A company uses the following standard...

TB MC Qu. 23-105 (Static) A company uses the following standard... A compary uses the foliowing standard costs to produce s single unit of output. During the latest month, the compary purchased and used 58,000 pounds of direct materials at a price of $1.00 per pound to produce 10.000 units of output. Direct labor costs for the month lotaied $56,350 based on 4,900 direct labor hours worked, Variable manulacturing overhead costs incurred . totaled $15,000 and fyed manufacturing ovethead incurred was $10,400. Bssed on this information, the totol direct materials variance for the month was: Muitiphe Choice 55800 fevorable 54,000 unfivorible
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
