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Coolguy80 Coolguy80
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A year ago
If the direct materials purchased costs $200 per unit while the standard price for direct materials is $180, and the total direct material used is 1,000 units while the standard direct materials allowed for actual production is 980 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.

▸ there will be no direct materials price variance.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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melryandionmelryandion
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A year ago
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