Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. Direct materials standard (7 kg. @ $1.60/kg.) $11.20 per finished unitActual cost of materials purchased $249,000Actual direct materials purchased and used 142,000 kg. The direct materials price variance is: a. $31,000 unfavorable. b. $52,800 unfavorable. c. $52,800 favorable. d. $21,800 unfavorable. e. $21,800 favorable
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Home » Business » Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. Direct materials standard (7 kg. @ $1.60/kg.) $11.