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Backyard Creations purchased 7,200 feet of copper tubing at a price of $2.60 per foot and used 7,500 ...
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Backyard Creations purchased 7,200 feet of copper tubing at a price of $2.60 per foot and used 7,500 ...
Backyard Creations purchased 7,200 feet of copper tubing at a price of $2.60 per foot and used 7,500 feet during the period. The standard price of the copper tubing was $2.70 per foot. What is Backyard Creations' direct materials price variance for the period?
▸ $720 unfavorable
▸ $720 favorable
▸ $750 unfavorable
▸ $750 favorable
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Managerial Accounting
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th
Author:
Davis
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$720 favorable
($2.70 - $2.60) × 7,200 = $720 favorable
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