Solution-Find the direct materials price variance

Find the direct materials price variance

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Reference no: EM132954639

Question - The following data relate to direct materials costs for February:

Materials cost per yard: standard, $1.94; actual, $2.04

Yards per unit: standard, 4.64 yards; actual, 5.00 yards

Units of production: 9,000

Required - Find the direct materials price variance?

a. $4,500.00 favorable

b. $4,176.00 favorable

c. $4,500.00 unfavorable

d. $900.00 unfavorable

Reference no: EM132954639

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Find the direct materials price variance

Reference no: EM132954639

Reference no: EM132954639

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