Based on the Following Information, Calculate the Direct Materials Price

question 84

Multiple Choice

Based on the following information, calculate the direct materials price variance. $$\begin{array} { l l } \text { Actual costs } & 3,590 \text { pounds at } \$ 8.00 \\\text { Standard costs } & 4,100 \text { pounds at } \$ 6.00\end{array}$$

• A) $7,700 favorable
• B) $8,200 favorable
• C) $7,180 unfavorable
• D) $8,100 unfavorable

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Definitions:

Unenforceable

Refers to a contract or clause that, due to legal deficiencies or fairness issues, cannot be compelled or enforced by law.

Annullable

Refers to something that can be declared void or invalid, usually in a legal context.

Unintentional

An action or outcome that occurs without a deliberate plan or purpose.

Materially False

Statements or representations that are significantly untrue or misleading, often in a legal or financial context.