Samson Company has a standard costing system in the production of its only product. Ther...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Samson Company has a standard costing system in the production of its only product. Ther 84,000 units of raw materials inventory were purchased for $126,000 and 4 units of raw materials are required to produce 1 unit of final product. In October, the company produced 14,400 units of product. The standard cost allowed for materials was $72,000 and there was an unfavorable usage variance of $3000.
What is the materials price variance for units used in October?
A. 15000 Unfavorable
B. 15000 Favorable
C. 3000 Unfavorable
D. 3000 Favorable
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.