Direct materials efficiency (quantity) variance For the month of October, what was Ledgerndary's direct materials spending variance? a. P4,200 unfavorable b P4.209 fayorable P4,500 unfavorable c. P9,000 favorable d. P9.000 unfavorable

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Subject: Cost Accounting

30. Information on Ledgerndary Company's material costs for October 2019 is as follows:
Actual cost of direct materials
P126,000
Actual quantity of direct materials
Transcribed Image Text:30. Information on Ledgerndary Company's material costs for October 2019 is as follows: Actual cost of direct materials P126,000 Actual quantity of direct materials
purchased and used
Standard quantity of direct materials
allowed for October production
Direct materials efficiency (quantity) variance
For the month of October, what was Ledgerndary's direct materials spending variance?
a. P4,200 unfavorable
45,000 pieces
43,500 pieces
P4,500 unfavorable
c. P9,000 favorable
b. P4,200 favorable
d. P9,000 unfavorable
Transcribed Image Text:purchased and used Standard quantity of direct materials allowed for October production Direct materials efficiency (quantity) variance For the month of October, what was Ledgerndary's direct materials spending variance? a. P4,200 unfavorable 45,000 pieces 43,500 pieces P4,500 unfavorable c. P9,000 favorable b. P4,200 favorable d. P9,000 unfavorable
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