The per-unit standards for direct materials are 2 pounds at $2 per pound. Last month,...
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Accounting
The per-unit standards for direct materials are 2 pounds at $2 per pound. Last month, 13,000 pounds of direct materials that actually cost $63,000 were used to produce 7,000 units of product. The direct materials quantity variance for last month was
a) $5,000 favorable
b) $3,500 favorable
c) $5,000 unfavorable
d) $7,000 unfavorable
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