Determine what is the direct materials efficiency variance

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Reference no: EM132590504

Devon Company has collected the following data for one of its products:

Direct materials standard(4lbs @ $1/ lbs) $4 per unit
Direct materials flexible budget variance-unfavorable $15,000
Actual direct materials used 103,000 lbs
Actual units produced 22,000 units

Question 1: What is the direct materials efficiency variance?

Option A. $22,000 U

Option B. $15,000 F

Option C. $15,000 U

Option D. $22,000 F

Reference no: EM132590504

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