The standard materials cost to produce 1 unit of Product S is 5 pounds of material at a standard price of $35 per pound. In manufacturing 9,500 units, 46,800 pounds of material were used at a cost of $36 per pound. What is the total direct materials cost variance?

What is the total direct materials cost variance? General accounting

The amount of the direct materials quantity variance is?

need help this questions

Can you explain this general accounting question using accurate calculation methods?

The standard materials cost to produce solve this accounting questions

Can you help me solve this financial accounting problem with the correct methodology?

It is estimated that a product requires 50 units of material at the rate of $3 per unit. The actual consumption of material for manufacturing the same product came to 60 units at the rate of $2.9 per unit. Calculate 1. Material cost variance 2. Material price variance 3. Material usage variance

Standard cost per unit requires 3 pounds of material at $10 per pound. The company produces 6,000 units. During production, 17,800 pounds of material were used, and the actual cost per pound was $9.80. What is the total direct material cost variance?

The actual cost of direct materials is $48.25 per pound, while the standard cost per pound is $50.75. During the current period, 4,800 pounds were used in production. What is the direct materials price variance?