Matinna Co

question 41

Multiple Choice

Matinna Co.maintains no inventories and has the following data pertaining to one of its direct materials in July:
All materials purchased during the month were issued to production.What was the direct materials purchase-price variance for July?

• A)$1,500 favorable.
• B)$3,000 unfavorable.
• C)$3,000 favorable.
• D)$7,500 unfavorable.
• E)$7,500 favorable.