Calculate the direct materials price variance


Jacques Company planned to use 18,000 pounds of materials costing $2.50 per pound to make 4,000 units of its products. In actually making 4,000 units, the company used 18,800 pounds that cost $2.54 per pound. Calculate the direct materials price variance.

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Accounting Basics: Calculate the direct materials price variance
Reference No:- TGS0718333

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