The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: The direct materials purchases variance is computed when the materials are purchased. What is the materials price variance for the month?
A)$4,060 U
B)$3,640 F
C)$3,640 U
D)$4,060 F

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:  The direct materials purchases variance is computed when the materials are purchased. What is the materials price variance for the month?
A)$4,060 U 
B)$3,640 F 
C)$3,640 U 
D)$4,060 F

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:  The direct materials purchases variance is computed when the materials are purchased. What is the materials price variance for the month?
A)$4,060 U 
B)$3,640 F 
C)$3,640 U 
D)$4,060 F

The Following Materials Standards Have Been Established for a Particular