Multiple Choice
Consider the following information: Direct material purchased and used: 80,000 gallons
Standard quantity of direct material allowed for May production: 76,000 gallons
Actual cost of direct materials purchased and used: $176,000
Unfavourable direct-material quantity variance: $9,400
The direct-material price variance is:
A) $9,400U.
B) $11,400F.
C) $11,400U.
D) $12,000F.
E) $12,000U.
Correct Answer:
Verified
Correct Answer:
Verified
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