Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bernie2981 bernie2981
wrote...
Go to Answer
Posts: 3810
Rep: 26 0
8 years ago
Madden Corporation manufactures t-shirts, which is its only product. The standards for t-shirts are as follows:

Standard direct materials cost per yard   $8
Standard direct materials quantity per t-shirt (yards)   1.5

During the month of May, the company produced 1,250 t-shirts. Related production data for the month follows:

Actual yards of direct material purchased   1,400
Actual direct materials total cost   $15,500

What is the direct materials price variance for the month?
A) $3,800 favorable
B) $4,300 unfavorable
C) $4,300 favorable
D) $3,800 unfavorable
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 294 times
2 Replies
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
#1
Top Poster
Posts: 2158
Rep: 418 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...
#2
8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1537 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 320
  
 379
  
 205