Reference no: EM132958143
Question - The following standard costs are given for each book produced at Bordewick's Books for July 2021.
Direct Materials (250 pages @ $0.01 per page) $25.00
Direct Labor (0.5 hours @ $12/hour) 6.00
Variable Manufacturing Overhead (0.5 hours @ $2.20/hour) 1.10
Total Standard Variable Cost per unit $32.10
During July 2021, Bordewick's Books sold 370 books. Actual costs incurred in making the books are as follows:
Materials Purchased: 95,000 pages @ $.015/page $1,425
Materials Used: 93,000 pages
Direct Labor: 148 hours @ $11.50/hour 1,702
Variable Manufacturing Overhead: 333
Required - What is the Direct Materials Quantity Variance?
A. $5 Unfavorable
B. $25 Unfavorable
C. $475 Unfavorable
D. $25 Favorable
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