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James Company Manufactures T-Shirts

Question 25

Multiple Choice

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:

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: -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
-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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