Respuesta :
Answer:
$3.75
Explanation:
As we already know that
Direct materials quantity variance = (Budged pounds of direct material - Actual pounds of direct material) × Standard rate
$1,500 unfavorable = (4,400 pounds - 4,800 pounds) × Standard rate
$1,500 unfavorable = 400 × Standard rate
So, standard rate is
= $1,500 ÷ $400
= $3.75
We simply applied the above formula
Answer:
$3.75
Explanation:
The computation of the Standard Price per pound of direct materials is given below:-
Direct materials quantity variance = (Standard quantity allowed for actual production - Actual quantity) × Standard rate
= $1,500 U = (4400 - 4800) × Standard rate
= $1500 U = 400 × Standard rate
= Standard rate = $3.75
Therefore for computing the Direct materials quantity variance we simply applied the above formula.
