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The management of Guardian Fire Alarms has calculated the following variances: Direct materials cost variance $11,000 U 38,000 F 15,500 F 12,500 U 8,000 F 4,000 F Direct materials eficiency variance Direct labor cost variance Direct labor efficiency variance Total variable overhead variance Total fixed overhead variance What is the total direct materials variance of the company? O A. $12,000 F O B. $3,000 F O C. $27,000 F O D. $4,500F

The management of Guardian Fire Alarms has calculated the following variances: Direct materials cost variance $11,000 U 38,000 F 15,500 F 12,500 U 8,000 F 4,000 F Direct materials eficiency variance Direct labor cost variance Direct labor efficiency variance Total variable overhead variance Total fixed overhead variance What is the total direct materials variance of the company? O A. $12,000 F O B. $3,000 F O C. $27,000 F O D. $4,500F

FINANCIAL ACCOUNTING
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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The management of Guardian Fire Alarms has calculated the following variances: Direct materials cost variance $11,000 U 38,000 F Direct materials efficiency variance Direct labor cost variance 15,500 F 12,500 U 8,000 F 4,000 F Direct labor efficiency variance Total variable overhead variance Total fixed overhead variance What is the total direct materials variance of the company? O A. $12,000 F O B. $3,000 F OC. $27,000 F O D. $4,500 F
Transcribed Image Text:The management of Guardian Fire Alarms has calculated the following variances: Direct materials cost variance $11,000 U 38,000 F Direct materials efficiency variance Direct labor cost variance 15,500 F 12,500 U 8,000 F 4,000 F Direct labor efficiency variance Total variable overhead variance Total fixed overhead variance What is the total direct materials variance of the company? O A. $12,000 F O B. $3,000 F OC. $27,000 F O D. $4,500 F
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