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Matinna Co

Question 41

Multiple Choice

Matinna Co.maintains no inventories and has the following data pertaining to one of its direct materials in July: Matinna Co.maintains no inventories and has the following data pertaining to one of its direct materials in July:   All materials purchased during the month were issued to production.What was the direct materials purchase-price variance for July? A) $1,500 favorable. B) $3,000 unfavorable. C) $3,000 favorable. D) $7,500 unfavorable. E) $7,500 favorable.
All materials purchased during the month were issued to production.What was the direct materials purchase-price variance for July?


A) $1,500 favorable.
B) $3,000 unfavorable.
C) $3,000 favorable.
D) $7,500 unfavorable.
E) $7,500 favorable.

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