A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: Direct materials standard cost (415,000 units @ $2.60/unit) Actual costs: Direct materials costs incurred (413,040 units @ $2.90/unit) O Multiple Choice $5,096 Unfavorable. $5,684 Unfavorable $5,096 Favorable. $118,816 Favorable. $ 1,079,000 $1,197,816
A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: Direct materials standard cost (415,000 units @ $2.60/unit) Actual costs: Direct materials costs incurred (413,040 units @ $2.90/unit) O Multiple Choice $5,096 Unfavorable. $5,684 Unfavorable $5,096 Favorable. $118,816 Favorable. $ 1,079,000 $1,197,816
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 6E: Standard direct materials cost per unit from variance data The following data relating to direct...
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![A company provided the following direct materials cost information. Compute the direct materials quantity variance.
Standard costs assigned:
Direct materials standard cost (415,000 units @ $2.60/unit)
Actual costs:
Direct materials costs incurred (413,040 units @ $2.90/unit)
Multiple Choice
$5,096 Unfavorable.
$5,684 Unfavorable
$5,096 Favorable.
$118,816 Favorable.
$ 1,079,000
$ 1,197,816](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc0348e3e-7818-422f-8ad5-5c17019cbdc2%2F8b73c306-99b9-4b99-a1de-9733409d9e1e%2Fsdxpfm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A company provided the following direct materials cost information. Compute the direct materials quantity variance.
Standard costs assigned:
Direct materials standard cost (415,000 units @ $2.60/unit)
Actual costs:
Direct materials costs incurred (413,040 units @ $2.90/unit)
Multiple Choice
$5,096 Unfavorable.
$5,684 Unfavorable
$5,096 Favorable.
$118,816 Favorable.
$ 1,079,000
$ 1,197,816
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