Actual price per pound of direct materials


Problem: Apple Co. has a standard costing system. The following data are available for June: Actual quantity of direct materials purchased 24,000 pounds Standard price of direct materials $ 6.00 per pound Material price variance $ 6,000 Unfavorable Material quantity variance $ 2,400 Favorable The actual price per pound of direct materials purchased in June was: Group of answer choices $6.10 per pound $6.25 per pound $6.30 per pound $5.90 per pound

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Accounting Basics: Actual price per pound of direct materials
Reference No:- TGS03417103

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