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Figure 10-9

Question 104

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Figure 10-9. James Company manufactures t-shirts.During the year,it manufactured 250,000 t-shirts,using 2 hours of direct labor at a rate of $8.50 per hour.The materials and labor standards for manufacturing the t-shirts are:
Figure 10-9. James Company manufactures t-shirts.During the year,it manufactured 250,000 t-shirts,using 2 hours of direct labor at a rate of $8.50 per hour.The materials and labor standards for manufacturing the t-shirts are: It took James 1,400,000 yards at $2.50 per yard to make the 250,000 t-shirts. Refer to Figure 10-9.What is James' materials price variance assuming that materials purchased equals materials used? A) $750,000 F B) $700,000 F C) $700,000 U D) $750,00 U It took James 1,400,000 yards at $2.50 per yard to make the 250,000 t-shirts.
Refer to Figure 10-9.What is James' materials price variance assuming that materials purchased equals materials used?


A) $750,000 F
B) $700,000 F
C) $700,000 U
D) $750,00 U

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