For month of may compute rexs direct materials price, Ask an Expert

Accounting

Q1) Information on Rex Co.'s direct material costs for May follows:

Actual quantity of direct materials	30,000	pounds
Actual cost of direct materials.......................................	$84,000as
Unfavorable direct materials quantity variance............	$3,000
Standard quantity of direct materials ...........................	29,000	pounds

For month of May, compute Rex's direct materials price variance?

A) $2,800 favorable

B) $2,800 unfavorable

C) $6,000 Unfavorable

D) $6,000 favorable

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M921515

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