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Compute the total direct materials price variance

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Reference no: EM132547332

Question 1: A company provided the following direct materials cost information. Compute the total direct materials price variance.

Standard costs assigned:

Direct materials standard cost (200,000 units @ $1.00/unit) $200,000

Actual costs:

Direct Materials costs incurred (205,124 units @ $1.10/unit) $235,636

Group of answer choices

Option 1: $35,636 F

Option 2: $35,636 U

Option 3: $5,124 U

Option 4: $5,124 F

Reference no: EM132547332

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