The following data pertains to the direct materials cost for the month of October:
$$\begin{array} { l l }
\text { Standard costs } & 5,000 \text { units allowed at } \$ 20 \text { each } \
\text { Actual costs } & 5,050 \text { units input at } \$ 19 \text { each }
\end{array}$$ What is the direct materials efficiency variance?
A) $950 favorable
B) $950 unfavorable
C) $1,000 favorable
D) $1,000 unfavorable

Question

The following data pertains to the direct materials cost for the month of October:
$$\begin{array} { l l } 
\text { Standard costs } & 5,000 \text { units allowed at } \$ 20 \text { each } \
\text { Actual costs } & 5,050 \text { units input at } \$ 19 \text { each }
\end{array}$$ What is the direct materials efficiency variance?
A) $950 favorable
B) $950 unfavorable
C) $1,000 favorable
D) $1,000 unfavorable

Quizplus · Accepted Answer

The Answer of The following data pertains to the direct materials cost for the month of October:
$$\begin{array} { l l } 
\text { Standard costs } & 5,000 \text { units allowed at } \$ 20 \text { each } \
\text { Actual costs } & 5,050 \text { units input at } \$ 19 \text { each }
\end{array}$$ What is the direct materials efficiency variance?
A) $950 favorable
B) $950 unfavorable
C) $1,000 favorable
D) $1,000 unfavorable

The Following Data Pertains to the Direct Materials Cost for the Month