Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard...
Degregorio Corporation makes a product that uses a material with
the following direct material standards:
| Standard quantity | 3.7 | kilos per unit |
| Standard price | $5.00 | per kilo |
The company produced 6,300 units in November using 23,780 kilos of
the material. During the month, the company purchased 25,950 kilos
of the direct material at a total cost of $124,560. The direct
materials purchases variance is computed when the materials are
purchased.
The materials price variance for November is:
$4,486 F
$4,486 U
$5,190 F
$5,190 U
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Degregorio Corporation makes a product that uses a material with
the following direct material standards:
Standard...
Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard...
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