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What is the direct materials cost variance

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Reference no: EM132534387

Question 1: The following data relate to direct materials for the month for the BigTex Basket Company: The standard costs for the work done was 5,800 pounds of material at $9.50 per pound. The actual costs were 6,000 pounds at $10 per pound. What is the direct materials cost variance?

Group of answer choices

Option 1 : $1,900 F

Option 2 : $4,900 U

Option 3 : $3,000 U

Option 4 : $3,000 F

Reference no: EM132534387

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