Garza Toys made 4,000 teddy bears for the Christmas season. The company used 3,800 pounds of direct materials that cost them $6,308. The standard quantity of materials is one pound per unit and $1.50 per pound. The materials price variance is Select answer from the options below $608 U $608 F $308 F $308 U

Garza Toys made 4,000 teddy bears for the Christmas season. The company used 3,800 pounds of direct materials that cost them $6,308. The standard quantity of materials is one pound per unit and $1.50 per pound. The materials price variance is Select answer from the options below $608 U $608 F $308 F $308 U

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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