Cullumber Creations purchased 7050 feet of copper tubing at a price of $2.60 per foot and used 7180 feet during the period. The standard price of the copper tubing was $2.40 per foot. What is Cullumber Creations' direct materials price variance for the period? O $338 favorable O $1410 unfavorable O $1410 favorable O $338 unfavorable

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Cullumber Creations purchased 7050 feet of copper tubing at a price of $2.60 per foot and used 7180 feet during the period. The
standard price of the copper tubing was $2.40 per foot. What is Cullumber Creations' direct materials price variance for the period?
O $338 favorable
O $1410 unfavorable
O $1410 favorable
O $338 unfavorable
Transcribed Image Text:Cullumber Creations purchased 7050 feet of copper tubing at a price of $2.60 per foot and used 7180 feet during the period. The standard price of the copper tubing was $2.40 per foot. What is Cullumber Creations' direct materials price variance for the period? O $338 favorable O $1410 unfavorable O $1410 favorable O $338 unfavorable
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