The standard cost of Product B includes 2 units of direct materials at $4 per...

70.2K

Verified Solution

Question

Accounting

image

The standard cost of Product B includes 2 units of direct materials at $4 per unit. During June, 20500 units of direct materials were purchased and used at a cost of $4.6 per unit to produce 10100 units of Product B. Compute the variance requested below and indicate whether the variance is favorable or unfavorable, by indicating U or F. Place the letter by the number, DO NOT add a space. Example, if the variance is 100 unfavorable, enter 100U (DO NOT PUT 100U ) The Direct Materials spending variance is $ Correct Answer: 13,500 1(U)

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