Generic Light Bulb Company manufactures light bulbs. The standard direct materials quantity required to produce...

80.2K

Verified Solution

Question

Accounting

Generic Light Bulb Company manufactures light bulbs. The standard direct materials quantity required to produce one globe light bulb is 14 pound at a cost of $1.45 per pound. During November, 1,080 globe light bulbs were produced using 215 pounds of direct materials that cost $387.
What is the direct materials cost variance? (Do not round intermediary calculations. Round the final answer to the nearest cent.)
A. $79.75F
B. $79.75U
C. $75.25F
D. $75.25U
image

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