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bernie2981 bernie2981
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8 years ago
Michael Corporation manufactures railroad cars, which is its only product. The standards for the railroad cars are as follows:

Standard tons of direct material (steel) per car   4
Standard cost per ton of steel   $17.00

During the month of March, the company produced 1,650 cars. Related production data for the month follows:

Actual materials purchased and used (tons)   6,650
Actual direct materials total cost   $115,000

What is the direct materials price variance for the month?
A) $1,950 unfavorable
B) $850 unfavorable
C) $850 favorable
D) $1,950 favorable
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Managerial Accounting

Managerial Accounting


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nucleinuclei
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bernie2981 Author
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#2
8 years ago
Answers my question perfectly.
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