ng data relate to direct materials ce ost per yard: standard, $1.94; actu ards per unit: standard, 4.66 yards

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Use this information for Pink Peach Company to answer the question that follows.
The following data relate to direct materials costs for February:
Materials cost per yard: standard, $1.94; actual, $2.03
Standard yards per unit: standard, 4.66 yards; actual, 5.25 yards
Units of production: 9,100
Compute the direct materials quantity variance.
Oa. $10,415.86 unfavorable
Ob. $10,899.07 unfavorable
Oc. $10,899.07 favorable
Od. $10,415.86 favorable
Transcribed Image Text:Use this information for Pink Peach Company to answer the question that follows. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.94; actual, $2.03 Standard yards per unit: standard, 4.66 yards; actual, 5.25 yards Units of production: 9,100 Compute the direct materials quantity variance. Oa. $10,415.86 unfavorable Ob. $10,899.07 unfavorable Oc. $10,899.07 favorable Od. $10,415.86 favorable
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