Baskets Inc. gathered the following actual results for the current month: Budgeted production and standard costs were:
What is the direct materials price variance?
A)$7300 unfavorable
B)$7300 favorable
C)$5200 favorable
D)$5200 unfavorable

Question

Baskets Inc. gathered the following actual results for the current month:  Budgeted production and standard costs were:
 What is the direct materials price variance?
A)$7300 unfavorable 
B)$7300 favorable 
C)$5200 favorable 
D)$5200 unfavorable

Quizplus · Accepted Answer

The Answer of Baskets Inc. gathered the following actual results for the current month:  Budgeted production and standard costs were:
 What is the direct materials price variance?
A)$7300 unfavorable 
B)$7300 favorable 
C)$5200 favorable 
D)$5200 unfavorable