Suver Corporation has a standard costing system. The following data are available for June
Actual quantity of direct materials purchased 20,000 pounds.
standard price of direct materials $ 7.00 per pound.
Material price variance $ 5,000 Unfavorable
Material quantity variance S 2,500 Favorable
The actual price per pound of direct materials purchased in June was:
Multiple Choice
A. $7.00 per pound.
B. $6.68 per pound.
C. $7.25 per pound.
D. $7.32 per pound.
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suver Corporation has a standard costing system. The following data are available for June Actual quantity of direct materials purchased ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Suver Corporation has a standard costing system. The following data are available for June Actual quantity of direct materials purchased 20,000 pounds. standard price of direct materials $ 7.00 per pound.