Print Works company has collected actual results for the current month as follows: Actual amounts: 5,900 Units produced Direct materials purchased and used (7,900 lbs.) $31,600 Budgeted production and standard costs were: Budgeted production Direct materials 5,000 units 2.5 lbs/unit at $2/b. Which of the following is the direct materials quantity variance? OA $13,700 unfavorable B. $13,700 favorable C. $15,800 unfavorable D. $15,800 favorable

Print Works company has collected actual results for the current month as follows: Actual amounts: 5,900 Units produced Direct materials purchased and used (7,900 lbs.) $31,600 Budgeted production and standard costs were: Budgeted production Direct materials 5,000 units 2.5 lbs/unit at $2/b. Which of the following is the direct materials quantity variance? OA $13,700 unfavorable B. $13,700 favorable C. $15,800 unfavorable D. $15,800 favorable

Name: Print Works company has collected actual results for the current mont
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Description: Print Works company has collected actual results for the current month as follows:Actual amounts:Units produced5,900Direct materials purchased and used (7,900 Ibs.) $31,60080Budgeted production and standard costs were:Budgeted productionDirect mater

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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