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Direct material purchased and used, 80,000 gallons
Standard quantity of direct material allowed for May production, 76,000 gallons
Actual cost of direct materials purchased and used, $176,000
Unfavorable direct-material quantity variance, $9,400

The direct-material price variance is:

A. $11,400F
B. $11,400U
C. $12,000F
D. $12,000U
E. none of the above

Accounting Basics, Accounting

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  • Reference No.:- M9415096
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