MC Qu. 8-58 (Algo) The following information is provided by the... following information is provided by the Atlas Company: ctual direct material cost andard direct material cost rect material usage variance t is the direct materials price variance? Multiple Choice O $1,000 unfavorable $5,000 unfavorable $ 49,000 $ 45,000 $3,000 unfavorable

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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TB MC Qu. 8-58 (Algo) The following information is provided by the...
The following information is provided by the Atlas Company:
Actual direct material cost
Standard direct material cost
Direct material usage variance
What is the direct materials price variance?
Multiple Choice
$1,000 unfavorable
$5,000 unfavorable
$ 49,000
$ 45,000
$3,000 unfavorable
Transcribed Image Text:TB MC Qu. 8-58 (Algo) The following information is provided by the... The following information is provided by the Atlas Company: Actual direct material cost Standard direct material cost Direct material usage variance What is the direct materials price variance? Multiple Choice $1,000 unfavorable $5,000 unfavorable $ 49,000 $ 45,000 $3,000 unfavorable
TB MC Qu. 8-58 (Algo) The following information is provided by the...
The following information is provided by the Atlas Company:
Actual direct material cost
Standard direct material cost
Direct material usage variance
What is the direct materials price variance?
Multiple Choice
O $1,000 unfavorable
$5,000 unfavorable
$ 49,000
$ 45,000
$ 3,000 unfavorable
Transcribed Image Text:TB MC Qu. 8-58 (Algo) The following information is provided by the... The following information is provided by the Atlas Company: Actual direct material cost Standard direct material cost Direct material usage variance What is the direct materials price variance? Multiple Choice O $1,000 unfavorable $5,000 unfavorable $ 49,000 $ 45,000 $ 3,000 unfavorable
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