The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $50 per pound.In manufacturing 8,000 units,47,000 pounds of material were used at a cost of $51 per pound.What is the total direct materials cost variance?
A)$48,000 unfavorable.
B)$51,000 favorable.
C)$51,000 unfavorable.
D)$3,000 favorable.
E)$3,000 unfavorable.

Question

Quizplus · Accepted Answer

The Answer of The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $50 per pound.In manufacturing 8,000 units,47,000 pounds of material were used at a cost of $51 per pound.What is the total direct materials cost variance?
A)$48,000 unfavorable.
B)$51,000 favorable.
C)$51,000 unfavorable.
D)$3,000 favorable.
E)$3,000 unfavorable.

The Standard Materials Cost to Produce 1 Unit of Product