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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
Farrar Industries reported the following results from its most recent quarter:

Actual direct material used   15,750
Actual direct material cost per pound   $5.50
Standard direct material cost per pound   $5.75
Standard direct material quantity   15,250
Direct material purchases   20,000

What is Farrar's direct material quantity variance?
A) $2,750 unfavorable
B) $2,875 favorable
C) $2,875 unfavorable
D) $2,750 favorable
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
Wow! Thank you
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