FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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#7
Use this information for Pink Peach Company to answer the question that follows.
The following data relate to direct materials costs for February:
Materials cost per yard: standard, $2.00; actual, $2.10
Standard yards per unit: standard, 4.5 yards; actual, 4.75 yards
Units of production: 9,500
Compute the total direct materials cost variance.
Oa. $9,262.50 favorable
Ob. $3,780.00 unfavorable
Oc. $3.562.50 favorable
Od. 59,262.50 unfavorable
go
F3
OOD
All work saved.
Y
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Transcribed Image Text:#7 Use this information for Pink Peach Company to answer the question that follows. The following data relate to direct materials costs for February: Materials cost per yard: standard, $2.00; actual, $2.10 Standard yards per unit: standard, 4.5 yards; actual, 4.75 yards Units of production: 9,500 Compute the total direct materials cost variance. Oa. $9,262.50 favorable Ob. $3,780.00 unfavorable Oc. $3.562.50 favorable Od. 59,262.50 unfavorable go F3 OOD All work saved. Y
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