Kyle,Inc.has collected the following data on one of its products.The direct materials price variance is:
$$\begin{array} { l l }
\text { Direct materials stardard (4lbs. @ \$1/lb.) } & \$ 4 \text { per firished unit } \
\text { Total direct materials cost variance-unfavorable } & \$ 13,750 \
\text { Actual direct materials used } & 150,000 \text { bs. } \
\text { Actual firushed units produced } & 30,000 \text { units }
\end{array}$$

Question

Kyle,Inc.has collected the following data on one of its products.The direct materials price variance is:
$$\begin{array} { l l } 
\text { Direct materials stardard (4lbs. @ \$1/lb.) } & \$ 4 \text { per firished unit } \
\text { Total direct materials cost variance-unfavorable } & \$ 13,750 \
\text { Actual direct materials used } & 150,000 \text { bs. } \
\text { Actual firushed units produced } & 30,000 \text { units }
\end{array}$$

Quizplus · Accepted Answer

The Answer of Kyle,Inc.has collected the following data on one of its products.The direct materials price variance is:
$$\begin{array} { l l } 
\text { Direct materials stardard (4lbs. @ \$1/lb.) } & \$ 4 \text { per firished unit } \
\text { Total direct materials cost variance-unfavorable } & \$ 13,750 \
\text { Actual direct materials used } & 150,000 \text { bs. } \
\text { Actual firushed units produced } & 30,000 \text { units }
\end{array}$$

Kyle,IncHas Collected the Following Data on One of Its Products