80.2K
Verified Solution
Link Copied!
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
