Asked by
Alejandra Lopez
on Oct 15, 2024
Verified
Compute the direct materials price variance.
A) $2,430 unfavorable.
B) $3,570 unfavorable.
C) $2,430 favorable.
D) $6,000 unfavorable.
E) $3,570 favorable.
Direct Materials Price Variance
The difference between the actual cost and standard cost of materials used in production, highlighting efficiency in procurement.
- Evaluate the variations in direct materials, concentrating on the differences in price and quantity.
Verified Answer
CM
Learning Objectives
- Evaluate the variations in direct materials, concentrating on the differences in price and quantity.