Find rex''s direct materials price variance

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Reference no: EM1313231

Compute the Variance analysis of direct Materials.

Information on Rex Co.'s direct material costs for May follows:

Actual quantity of direct materials

30,000

pounds

Actual cost of direct materials.......................................

$84,000as

 

Unfavorable direct materials quantity variance............

$3,000

 

Standard quantity of direct materials ...........................

29,000

pounds

For the month of May, what was Rex's direct materials price variance?

A) $2,800 favorable

B) $2,800 unfavorable

C) $6,000 Unfavorable

D) $6,000 favorable

Reference no: EM1313231

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