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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
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
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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
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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