Premier Candie Company manufactures candles The standard direct materials quantity required to produce one tall candle is two pounds at a cost of $2. 40 per pound During November, 1,000 tall candies were produced using 1.970 pounds of direct materials that cost $4,137. What is the direct materials cost variance? (Round intermediary calculations to the nearest cent. Round the final answer to the nearest dollar) O A. $591 F O 8. $591 U OC. S72 U OD. S72 F

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Premier Candle Company manufactures candles The standard direct materials quantity required to produce one tall candle is two pounds at a cost of $2.40 per
pound During November, 1,000 tall candles were produced using 1.970 pounds of direct materials that cost $4.137.
What is the direct matorials cost variance? (Round intermediary calculations to the nearest cent. Round the final answer to the nearest dollar)
O A. $591 F
O 8. $591 U
OC. S72 U
OD. S72 F
Transcribed Image Text:Premier Candle Company manufactures candles The standard direct materials quantity required to produce one tall candle is two pounds at a cost of $2.40 per pound During November, 1,000 tall candles were produced using 1.970 pounds of direct materials that cost $4.137. What is the direct matorials cost variance? (Round intermediary calculations to the nearest cent. Round the final answer to the nearest dollar) O A. $591 F O 8. $591 U OC. S72 U OD. S72 F
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