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Using the Standard Costs of $5 Per Pound for a 10

Question 92

Multiple Choice

Using the standard costs of $5 per pound for a 10 pound bag of chocolate and the following actual cost and usage data, compute the direct materials price variance. Using the standard costs of $5 per pound for a 10 pound bag of chocolate and the following actual cost and usage data, compute the direct materials price variance.   A)  $45,000 (F)  B)  $45,000 (U)  C)  $54,000 (F)  D)  $99,000 (F)


A) $45,000 (F)
B) $45,000 (U)
C) $54,000 (F)
D) $99,000 (F)

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