Grayson Industries has collected the following data for one of its products:

-How much is the direct materials price variance at Grayson Industries?
A) $38,000 favourable
B) $38,000 unfavourable
C) $4,000 favourable
D) $4,000 unfavourable
Correct Answer:
Verified
Q119: What does a favourable direct materials price
Q120: Which term below is best paired with
Q121: Cateye Corporation Company budgeted 600 kilograms of
Q122: The Braddock Company budgeted 5,400 kilograms of
Q123: The standard cost of direct labour per
Q125: The following information describes Benji's Security Services
Q126: The following information describes Benji's Security Services
Q127: Custom Tile Works budgeted 2.5 hours of
Q128: Gutierrez Company budgeted 10,000 kilograms of direct
Q129: At Sandra's Sewing Company the actual cost
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents