Summerlin Company budgeted 4,000 pounds of material costing $4.00 per pound to produce 2,100 units....

80.2K

Verified Solution

Question

Accounting

Summerlin Company budgeted 4,000 pounds of material costing $4.00 per pound to produce 2,100 units. The company actually used 4,500 pounds that cost $4.10 per pound to produce 2,100 units. What is the direct materials price variance?

$2,000 unfavorable.

$2,450 unfavorable.

$400 unfavorable.

$450 unfavorable.

$2,050 unfavorable.

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