The standard materials cost to produce 1 unit of Product R is 4 pounds of material at a standard price of $40 per pound. In manufacturing 8,000 units, 31,000 pounds of material were used at a cost of $41 per pound. What is the total direct materials cost variance? A. $9,000 favorable. B. $41,000 favorable. C. $32,000 unfavorable. D. $9,000 unfavorable. E. $41,000 unfavorable.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...
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The standard materials cost to produce 1 unit of Product R is 4
pounds of material at a standard price of $40 per pound. In
manufacturing 8,000 units, 31,000 pounds of material were used
at a cost of $41 per pound. What is the total direct materials cost
variance?
A. $9,000 favorable.
B. $41,000 favorable.
C. $32,000 unfavorable.
D. $9,000 unfavorable.
E. $41,000 unfavorable.
Transcribed Image Text:The standard materials cost to produce 1 unit of Product R is 4 pounds of material at a standard price of $40 per pound. In manufacturing 8,000 units, 31,000 pounds of material were used at a cost of $41 per pound. What is the total direct materials cost variance? A. $9,000 favorable. B. $41,000 favorable. C. $32,000 unfavorable. D. $9,000 unfavorable. E. $41,000 unfavorable.
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