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gyoku2302 gyoku2302
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Posts: 59
A week ago
Backyard Creations purchased 7,000 feet of copper tubing at a price of $2.70 per foot and used 7,200 feet during the period. The standard quantity allowed for the units produced is 7,300 and the standard price of the copper tubing is $2.50 per foot. What is Backyard Creations' direct materials quantity variance for the period?

▸ $500 favorable

▸ $250 favorable

▸ $250 unfavorable

▸ $750 favorable
Textbook 

Managerial Accounting


Edition: 4th
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ordinarykathyordinarykathy
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A week ago
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$250 favorable

(7,300 - 7,200) × $2.50 = $250 favorable
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gyoku2302 Author
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A week ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
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2 hours ago
Good timing, thanks!
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