The following data relate to direct materials costs for
Question - The following data relate to direct materials costs for November:
Actual costs 4,649 pounds at $5.20
Standard costs 4,424 pounds at $6.30
What is the direct materials price variance?
$5,114 unfavorable
$5,114 favorable
$1,418 favorable
Now Priced at $20 (50% Discount)
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