Business, 05.05.2020 21:21 muratm

During the latest month, the company purchased and used 47,000 pounds of direct materials at a price of $1.20 per pound to produce 10,000 units of output. direct labor costs for the month totaled $28,425 based on 3,790 direct labor hours worked. variable manufacturing overhead costs incurred totaled $11,800 and fixed manufacturing overhead incurred was $10,000. based on this information, the direct materials quantity variance for the month was:

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During the latest month, the company purchased and used 47,000 pounds of direct materials at a price...