The standard costs and actual costs for direct materials for the manufacture of 2,700 actual units of product are as follows: Standard Costs Direct materials 1,040 kilograms at $8.83 Actual Costs Direct materials 2,700 kilograms at $8.10 The direct materials price variance is a. $1,971 favorable b. S 1,971 unfavorable c. $759 unfavorable d. $759 favorable
The standard costs and actual costs for direct materials for the manufacture of 2,700 actual units of product are as follows: Standard Costs Direct materials 1,040 kilograms at $8.83 Actual Costs Direct materials 2,700 kilograms at $8.10 The direct materials price variance is a. $1,971 favorable b. S 1,971 unfavorable c. $759 unfavorable d. $759 favorable
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:The standard costs and actual costs for direct materials for the manufacture of 2,700 actual units of
product are as follows: Standard Costs Direct materials 1,040 kilograms at $8.83 Actual Costs Direct
materials 2,700 kilograms at $8.10 The direct materials price variance is a. $1,971 favorable b. S
1,971 unfavorable c. $759 unfavorable d. $759 favorable
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