Solution-What was material direct-material price variance

What was material direct-material price variance

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Reference no: EM133113412

Question - Information on Material company's direct-material costs is as follows:

Actual units of direct material used 20,000

Actual direct-material costs P40,000

Standard price per unit of direct materials P2.10

Direct-material quantity variance-favorable P3,000

Required - What was material's direct-material price variance?

Reference no: EM133113412

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What was material direct-material price variance

Reference no: EM133113412

Reference no: EM133113412

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Reviews

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Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

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