A company provided the following direct materials cost information. Compute the direct materials quantity variance....

80.2K

Verified Solution

Question

Accounting

A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: Direct materials standard cost (460,000 units @ $3.20/unit) $ 1,472,000 Actual costs: Direct Materials costs incurred (458,410 units @ $3.50/unit) $ 1,604,435 Multiple Choice

$5,088 Favorable.

$132,435 Favorable.

$5,565 Unfavorable

$5,088 Unfavorable.

$5,565 Favorable.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students