April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound.Last month, 2,000 pounds of direct materials were purchased for $7,600.The direct materials price variance for last month was:
A) $3,800 favorable.
B) $200 favorable.
C) $100 unfavorable.
D) $200 unfavorable.
Correct Answer:
Verified
Q17: Violet's travel budget for November was $1,350,
Q18: The total variance for any particular cost
Q19: Which of the following product cost components
Q20: For performance reports to be most effective
Q21: Which of the following is a true
Q23: The preferred format for a segmented income
Q24: When evaluating the performance of a cost
Q25: If they are to be useful to
Q26: An unfavorable materials usage variance would occur
Q27: The portion of the budget variance for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents