Puget Company has gathered the following information about its purchase and use of raw materials for December: Puget Company uses a standard cost system. What is the materials price variance?
A)$7500.00 favorable
B)$7500.00 unfavorable
C)$6600.00 favorable
D)$6600.00 unfavorable

Question

Puget Company has gathered the following information about its purchase and use of raw materials for December:  Puget Company uses a standard cost system. What is the materials price variance?
A)$7500.00 favorable 
B)$7500.00 unfavorable 
C)$6600.00 favorable 
D)$6600.00 unfavorable

Quizplus · Accepted Answer

The Answer of Puget Company has gathered the following information about its purchase and use of raw materials for December:  Puget Company uses a standard cost system. What is the materials price variance?
A)$7500.00 favorable 
B)$7500.00 unfavorable 
C)$6600.00 favorable 
D)$6600.00 unfavorable

Puget Company Has Gathered the Following Information About Its Purchase