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Izabel Kerschen
on Dec 17, 2024

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The direct materials price variance is

A) $1,795.50 favorable
B) $378.00 favorable
C) $4,512.50 unfavorable
D) $378.00 unfavorable

Direct Materials Price Variance

The difference between the actual cost and the standard cost of the materials used in production, reflecting how effectively a company manages its purchasing costs.

Materials Cost Per Yard

The total cost associated with acquiring materials required to produce one yard of a product.

Yards Per Unit

A measurement indicating the amount of yardage (length) required or produced per unit of a product.

  • Comprehend and compute variances in direct materials, encompassing those related to quantity and price.
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Silent BlazeDec 23, 2024
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