Compute the cost of direct materials in the flexible budget for the number of units...
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Accounting
Compute the cost of direct materials in the flexible budget for the number of units manufactured for Giles Company based on the following data.
Budgeted units of production for June 5,000
Budgeted pounds of direct materials for June production 10,000
Actual number of units produced in June 5,200
Pounds of direct materials purchased 14,000
Pounds of direct materials used for June production 12,000
Actual cost of direct materials used $93,000
Direct materials usage variance $4,000 Unfavorable
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