The following standard direct material cost/unit have been established for product N90: 5 pounds of...

60.1K

Verified Solution

Question

Accounting

The following standard direct material cost/unit have been established for product N90: 5 pounds of direct material at $10 per pound During June 2,000 units of product N90 were made, and the quantity variance is favorable $2,000 and price variance is Unfavorable $9,800. All direct material purchased in June was used for producing the 2,000 units. How many pounds of direct material were actually used during June? Group of answer choices 9,200 pound 9,800 pounds none of the other answers 10,000 pounds

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