Question

The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.05 Standard yards per unit: standard, 4.63 yards; actual, 5.09 yards Units of production: 9,000 Calculate the direct materials price variance. a. $4,122.90 favorable b. $810.00 unfavorable c. $3,750.30 favorable d. $4,122.90 unfavorable

Answer #1

**ANSWER:**

Material price variance = (Standard price-actual price)actual quantity

= (1.96-2.05)9000*5.09

Material price variance = 4122.90 Unfavourable

Correct option is d) $4122.90 unfavorable

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The following data relate to direct materials costs for
February: Materials cost per yard: standard, $1.91; actual, $2.05
Yards per unit: standard, 4.60 yards; actual, 5.20 yards Units of
production: 9,000 The direct materials quantity variance is
a.$11,070.00 favorable b.$10,314.00 favorable c.$11,070.00
unfavorable d.$10,314.00 unfavorable .

The following data relate to direct materials costs for
February:
Materials cost per yard: standard, $1.90; actual, $2.04
Standard yards per unit: standard, 4.67 yards; actual, 5.02
yards
Units of production: 9,200
Calculate the direct materials quantity variance.
a.$6,118.00 favorable
b.$6,568.80 favorable
c.$6,568.80 unfavorable
d.$6,118.00 unfavorable

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per unit: standard, 4.60 yards; actual, 5.28 yards Units of
production: 9,200 The direct materials quantity variance is a.
$11,948.96 favorable b. $12,762.24 unfavorable c. $12,762.24
favorable d. $11,948.96 unfavorable

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