The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.95; actual, $2.04 Yards per unit: standard, 4.68 yards; actual, 5.10 yards Units of production: 9,200 The direct materials quantity variance is O a. $7,882.56 favorable O b. $7,534.80 unfavorable O c. $7,882.56 unfavorable O d. $7,534.80 favorable

The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.95; actual, $2.04 Yards per unit: standard, 4.68 yards; actual, 5.10 yards Units of production: 9,200 The direct materials quantity variance is O a. $7,882.56 favorable O b. $7,534.80 unfavorable O c. $7,882.56 unfavorable O d. $7,534.80 favorable

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Description: The following data relate to direct materials costs for February:Materials cost per yard: standard, $1.95; actual, $2.04Yards per unit: standard, 4.68 yards; actual, 5.10 yardsUnits of production: 9,200The direct materials quantity variance isO a. $

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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Subject: acounting
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