Firecracker Company has developed the followers one of its products Time 156 Direct materials 15...
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Firecracker Company has developed the followers one of its products Time 156 Direct materials 15 pound 516 Direct labor Variable manufacturing overhead. pound 4 hours S2 per hous Abans x SIA pelo The following activity occurred during the month of October 19.000 pounds conting Materials purchased $170.00 Materials used 7.200) pounds Units produced 500 units 2300 hours at Direct labor $23.60 About Actual variable manufacturing $30.000 overhead The company records matenals price variances at the aise of purchase Note: Direct materials price vanance = (AP x AQ) - (SP XAQ) = (AP-SP) AQ The direct materials price variance is The direct matenals price variance is Select one a. $10,000 unfavorable b. $10.000 favorable c. $50,000 favorable d. $50,000 unfavorable
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