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The standard costs and actual costs for direct materials for the manufacture of 2,590 actual units of product are as follows: Standard CostsDirect materials     2,590 kilograms at $8.50 Actual CostsDirect materials     2,700 kilograms at $8.10 The direct materials quantity variance is a. $748 favorable b. $748 unfavorable c. $935 favorable d. $935 unfavorable

The standard costs and actual costs for direct materials for the manufacture of 2,590 actual units of product are as follows: Standard CostsDirect materials     2,590 kilograms at $8.50 Actual CostsDirect materials     2,700 kilograms at $8.10 The direct materials quantity variance is a. $748 favorable b. $748 unfavorable c. $935 favorable d. $935 unfavorable

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 standard costs and actual costs for direct materials for the manufacture of 2,590 actual units of product are as follows:

Standard Costs
Direct materials     2,590 kilograms at $8.50

Actual Costs
Direct materials     2,700 kilograms at $8.10

The direct materials quantity variance is

a. $748 favorable
b. $748 unfavorable
c. $935 favorable
d. $935 unfavorable
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