Multiple Choice
Basile Corp. produced 5,000 units this year. The standard quantity of raw materials per unit was 2 kilograms, and the standard price per kilogram was $3. The company actually used 2.1 kilograms per unit, and paid $3.10 per kilogram. The raw materials price variance was
A) $1,050 unfavorable
B) $500 unfavorable
C) $500 favorable
D) $1,050 favorable
Correct Answer:
Verified
Correct Answer:
Verified
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