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Hello, plz check my work. Its from cengage 27th eddition. Use this information to answer the question that follow. The following data relate to...
Hello, plz check my work. Its from cengage 27th eddition.
Use this information to answer the question that follow.
The following data relate to direct materials costs for February:
Materials cost per yard: standard, $1.98; actual, $2.03
Standard yards per unit: standard, 4.64 yards; actual, 5.02 yards
Units of production: 9,400
Calculate the direct materials quantity variance.
a.$7,251.16 favorable
b.$7,072.56 favorable
c.$7,251.16 unfavorable
d.$7,072.56 unfavorable
my answer was favorable B I used the actual by the 2nd yard.