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A company developed the following per-unit standards for

Question - A company developed the following per-unit standards for its product: 6 pounds of direct materials at $9 per pound. Last month, 23,000 pounds of direct materials were purchased for $194,350, and 21,000 pounds were used in production.

What is the direct materials price variance?

$11,550 unfavorable
$12,650 favorable
$11550 favorable
$12,650 unfavorable

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Accounting Basics: A company developed the following per-unit standards for

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Accounting Basics: A company developed the following per-unit standards for

Reference No:- TGS02475638

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