The following materials standards have been established for a part icular produc

Question

The following materials standards have been established for a part icular product Standard quantity per unit of output. 2.8 grams Standard price" The following data pertain to operations concerning the Actual materials purchased... 6, product for the last month: 6,200 grams $81,530 Actual materials used in production... 5.700 grams Actual cost of materials purchased... ual output.. 1,800 units What is the materials price variance for the month? A. $6,250 U B. $4.030 U C. $8,679 U D. $6,575 U 20. Dube Corporation is considering the following three investment projects: Project D Project E ProjectF

Explanation / Answer

Materials price variance =81530-(6200*12.5)= 4030 U Option B is correct

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