What was a favorable direct material quantity variance, Accounting Basics

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What was a favorable direct material quantity variance

Cox Company's direct material costs for the month of January were as follows:

Actual quantity purchased 18,000 kilograms
Actual unit purchase price $ 3.60 per kilogram
Materials price variance--
unfavorable (based on purchases) $ 3,600
Standard quantity allowed
for actual production 16,000 kilograms
Actual quantity used 15,000 kilograms

For January what was a favorable direct material quantity variance of:

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Accounting Basics: What was a favorable direct material quantity variance

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Recent Questions Asked Accounting Basics

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Accounting Basics: What was a favorable direct material quantity variance

Reference No:- TGS068664

Recent Questions Asked Accounting Basics

Q : What is the standard direct material cost for cloth per unit

Q : Microprocessor that has a memory

Q : What is the new debt ratio

Q : Spine and style of the play

Q : What was a favorable direct material quantity variance

Q : Graph the market demand curve and find consumer surplus

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Q : What price and output should firm set as profit maximize

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