The actual cost of direct materials is $50.25 per pound. The standard cost per pound is $56. During the current period, 6,800 pounds were used in production. The standard quantity for actual units produced is 6,500 pounds. How much is the direct materials price variance? A. $39,100 unfavorable B. $39,100 favorable C. $37,375 favorable D. $37,375 unfavorable

The actual cost of direct materials is $50.25 per pound. The standard cost per pound is $56. During the current period, 6,800 pounds were used in production. The standard quantity for actual units produced is 6,500 pounds. How much is the direct materials price variance? A. $39,100 unfavorable B. $39,100 favorable C. $37,375 favorable D. $37,375 unfavorable

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 1BE: Direct materials variances Bellingham Company produces a product that requires 2.5 standard pounds...

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