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Use the Information Below to Answer the Following Question(s)

Question 71

Multiple Choice

Use the information below to answer the following question(s) .
The following data for a pottery company pertain to the production of 2,000 clay pots during July.
Direct Materials (all materials purchased were used) :
Use the information below to answer the following question(s) . The following data for a pottery company pertain to the production of 2,000 clay pots during July. Direct Materials (all materials purchased were used) :    Direct Manufacturing Labour:    -What is the direct materials price variance for the clay pots? A)  $560 unfavourable B)  $560 favourable C)  $800 unfavourable D)  $800 favourable E)  $1,040 favourable Direct Manufacturing Labour:
Use the information below to answer the following question(s) . The following data for a pottery company pertain to the production of 2,000 clay pots during July. Direct Materials (all materials purchased were used) :    Direct Manufacturing Labour:    -What is the direct materials price variance for the clay pots? A)  $560 unfavourable B)  $560 favourable C)  $800 unfavourable D)  $800 favourable E)  $1,040 favourable
-What is the direct materials price variance for the clay pots?


A) $560 unfavourable
B) $560 favourable
C) $800 unfavourable
D) $800 favourable
E) $1,040 favourable

Correct Answer:

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