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Business, 07.08.2019 02:20 destinyranson

He following standards have been established for a raw material used to make product o84: standard quantity of the material per unit of output 7.2 meters standard price of the material $ 18.00 per meter the following data pertain to a recent month's operations: actual material purchased 3,500 meters actual cost of material purchased $ 66,150 actual material used in production 3,200 meters actual output 510 units of product o84 the direct materials purchases variance is computed when the materials are purchased. required: a. what is the materials price variance for the month?

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