Standard and actual costs for direct materials for the manufacture of 1,000 units of product were as follows:

Determine the (a)quantity variance, (b)price variance,and (c)total direct materials cost variance.

Question

Standard and actual costs for direct materials for the manufacture of 1,000 units of product were as follows:
  
Determine the (a)quantity variance, (b)price variance,and (c)total direct materials cost variance.

Quizplus · Accepted Answer

The Answer of Standard and actual costs for direct materials for the manufacture of 1,000 units of product were as follows:
  
Determine the (a)quantity variance, (b)price variance,and (c)total direct materials cost variance.

Standard and Actual Costs for Direct Materials for the Manufacture