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Question 41

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Use the information below to answer the following question(s) .
A company makes table lamps, for which the following standards have been developed:
Use the information below to answer the following question(s) . A company makes table lamps, for which the following standards have been developed:    During January, production of 100 lamps was expected, but 110 lamps were actually completed. Direct materials purchased and used were 2,100 kilograms at an actual price of $2.20 per kilogram. Direct labour cost for the month was $5,310, and the actual pay per hour was $9.00. -The direct-material price variance for January is A)  $420 unfavourable. B)  $420 favourable. C)  $400 favourable. D)  $400 unfavourable. E)  $20 favourable. During January, production of 100 lamps was expected, but 110 lamps were actually completed.
Direct materials purchased and used were 2,100 kilograms at an actual price of $2.20 per kilogram.
Direct labour cost for the month was $5,310, and the actual pay per hour was $9.00.
-The direct-material price variance for January is


A) $420 unfavourable.
B) $420 favourable.
C) $400 favourable.
D) $400 unfavourable.
E) $20 favourable.

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