Direct material standard: 3 square feet at $2.50 per square foot Direct material purchases: 30,000 square feet at $2.60 per square foot Direct material consumed: 29,200 square feet Manufacturing activity, product no. 78: 9,600 units completed The direct-material quantity variance is: A. $1,000F. B.$1,000U. C. $1,040F. D. $1,040U. 2. The direct-material price variance is: A. $2,880U. B.$2,920F. C. $3,000U. D. $3,000F.
The following data relate to product no. 78 of Twittybird Corporation:
Direct material standard: 3 square feet at $2.50 per square foot
Direct material purchases: 30,000 square feet at $2.60 per square foot
Direct material consumed: 29,200 square feet
Manufacturing activity, product no. 78: 9,600 units completed
- The direct-material quantity variance is:
A. $1,000F.
B.$1,000U.
C. $1,040F.
D. $1,040U.
2. The direct-material price variance is:
A. $2,880U.
B.$2,920F.
C. $3,000U.
D. $3,000F.
3. TwittyBird Enterprises recently used 14,000 labor hours to produce 7,500 completed units. According to manufacturing specifications, each unit is anticipated to take two hours to complete. The company's actual payroll cost amounted to $158,200. If the
A. $11,000U.
B. $11,000F.
C.$11,300U.
D. $11,300F.
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