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HoracioMo HoracioMo
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A year ago
If the actual price of direct materials purchased is $200 per unit while the standard price for direct materials is $180 per unit and the total direct material used is 1,000 units while the standard direct materials allowed for actual production is 1,200 units,

▸ the direct materials quantity variance will be unfavorable.

▸ the direct materials price variance will be favorable.

▸ the direct materials quantity variance will be favorable.

▸ the direct materials price variance will be $0.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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carducbcarducb
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HoracioMo Author
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Thanks
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Just got PERFECT on my quiz
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Smart ... Thanks!
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