A suit company has the following standards to make onesuit: Standard Quantity Standard Price Direct materials 4 yards per unit $9.50 per yard Direct Labors 2 hours per unit $12 per hour The company used 13,000 yards of material in order to make 3,000 suits in April. The direct materials quantity variance is: a. $12,000 unfavorable. b. $9,500 unfavorable. c. $9,500 favorable. d. $12,000 favorable.

A suit company has the following standards to make onesuit: Standard Quantity Standard Price Direct materials 4 yards per unit $9.50 per yard Direct Labors 2 hours per unit $12 per hour The company used 13,000 yards of material in order to make 3,000 suits in April. The direct materials quantity variance is: a. $12,000 unfavorable. b. $9,500 unfavorable. c. $9,500 favorable. d. $12,000 favorable.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 5PA: Ed Co. manufactures two types of O rings, large and small. Both rings use the same material but...

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Please solve this question general accounting
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