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Tidex Company is a manufacturer of cleaning detergent. Cleanx is manufactured...

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Accounting

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Tidex Company is a manufacturer of cleaning detergent. Cleanx is manufactured on a weekly basis. The following standards have been established to produce 10,000 litres of Cleanx: Standard direct materials used: 10,000 itres of detergent Standard direct material price per litre $4 Actual direct materials used: 12.000 litres Actual direct material price per litre: $4.35 Calculate the Total Direct Materials Budget Variance (TOMBV. \$12.200 Favourable. $12,200 Unfavourable. $40,000 Favourable. $8,700 Unfavourable

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