The standard costs and actual costs for direct materials for the manufacture of 2,800 actual units of product are as follows: Standard Costs Direct materials 1,040 kilograms at $8.51 Actual Costs Direct materials 2,800 kilograms at $8.05 The direct materials price variance is a. $478 favorable b. $478 unfavorable c. $1,288 favorable d. $1,288 unfavorable

The standard costs and actual costs for direct materials for the manufacture of 2,800 actual units of product are as follows: Standard Costs Direct materials 1,040 kilograms at $8.51 Actual Costs Direct materials 2,800 kilograms at $8.05 The direct materials price variance is a. $478 favorable b. $478 unfavorable c. $1,288 favorable d. $1,288 unfavorable

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Description: The standard costs and actual costs for direct materials for the manufacture of 2,800 actual units of product are as follows:Standard CostsDirect materials 1,040 kilograms at $8.51Actual CostsDirect materials 2,800 kilograms at $8.05The direc

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 3PA: Direct materials, direct labor, and factory overhead cost variance analysis Mackinaw Inc. processes...

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