Copper Company reports the following standards for direct materials for the year:
Standard cost per pound $2.50
Standard amount per finished good 6 pounds
During the year,420,000 finished goods were produced.The direct materials price variance was $13,600 unfavorable.The direct materials flexible budget variance was $1,200 favorable.
Calculate the following items regarding direct materials for Douglas Corporation for the year:
A.Direct materials efficiency variance
B.Standard quantity of direct materials for actual production
C.Actual pounds of direct materials used for actual production
Correct Answer:
Verified
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