The following materials standards have been established for a particular product:
The following data pertain to operations concerning the product for the last month:
What was the materials price variance for the month?
A) $2,250 favourable.
B) $7,540 unfavourable.
C) $7,660 unfavourable.
D) $24,317 unfavourable.

Question

The following materials standards have been established for a particular product: 
The following data pertain to operations concerning the product for the last month: 
What was the materials price variance for the month?
A) $2,250 favourable. 
B) $7,540 unfavourable. 
C) $7,660 unfavourable. 
D) $24,317 unfavourable.

Quizplus · Accepted Answer

The Answer of The following materials standards have been established for a particular product: 
The following data pertain to operations concerning the product for the last month: 
What was the materials price variance for the month?
A) $2,250 favourable. 
B) $7,540 unfavourable. 
C) $7,660 unfavourable. 
D) $24,317 unfavourable.

The Following Materials Standards Have Been Established for a Particular