Solved: Standard costs for direct materials for january, Managerial Accounting

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Standard costs for direct materials for january

The following company information is available for January:

Direct materials used..................$2,300 feet @$50 per foot
Standard costs for direct materials for January production ...$2,400 feet @ $48 per foot

The direct material price variance is:

a. $7,600 unfavorable.
b. $6,350 favorable.
c. $4,600 unfavorable.
d. $4,700 favorable.
e. $4,350 favorable.

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Managerial Accounting: Standard costs for direct materials for january

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Managerial Accounting: Standard costs for direct materials for january

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