Solution-What was the direct materials price variance

What was the direct materials price variance

Reference no: EM133031064

Question - Your Company's direct material costs for the month follows: Actual quantity of direct materials purchased and used 26,000 pounds

Actual cost of direct materials $34,000

Favorable direct materials quantity variance $5,000

Standard quantity of direct materials allowed for May 30,000 pounds

Required - What was the direct materials price variance?

Reference no: EM133031064

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What was the direct materials price variance

Reference no: EM133031064

Reference no: EM133031064

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