Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the standard costs and actual costs for direct mat

The standard costs and actual costs for direct materials for the manufacture of 2,300 actual...

80.2K

Verified Solution

Question

Accounting

The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are as follows:

Standard Costs
Direct materials 1,040 kilograms at $8.96
Actual Costs
Direct materials 2,300 kilograms at $8.25

The direct materials price variance is

a.$738 favorable

b.$738 unfavorable

c.$1,633 unfavorable

d.$1,633 favorable

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

Statistics
1.2K views

In the 2016 Summer Olympics in Rio, there were eight runners in the final of the...

Advance Math
1.2K views

Solve the following problems using the concepts and notation of set theory and vector spaces: What is...

General Management
1.2K views

1 Which of the following forms of IP are specifically limited in how long they are likely...

Accounting
1.2K views

1. Please discuss the concept of "voluntary compliance" as it relates to our federal tax system. 2....

Biology
1.2K views

1 2 3 tus Signals beginning Signals end 4 5 6 7 8 9 10...

Basic Math
1.2K views

Which of the following expressions represents the verbal description below?the square of the sum of...

Calculus
1.2K views

The level curves of the surface z x y are circles in the xy plane...

Algebra
1.2K views

to a poster that is 3 ft by 1 ft 5 How many milliliters of...

Accounting
1.2K views

dentify each of the following items as a capital expenditure (C), an immediate expense (E),...

Accounting
1.2K views

Depreciation by units-of-activity method A diesel-powered tractor with a cost of $152,280 and...

Finance
1.2K views

1. What would be considered a permissible IRA investment alternative? A. Mutual funds B. Fine...

Finance
1.2K views

Suppose you invested $58 in the Ishares Dividend Stock Fund (DVY) a month ago. It...