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What the direct materials purchase-price variance in july

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Reference no: EM133015003

Problem - Precilla Company uses a standard costing system that allows 20 pounds of direct materials for one finished unit of product, During July, the company purchased 53,000 pounds of direct materials for $381,600, and manufactured 13,300 ?nished units. The standard direct materials cost allowed for the units manufactured is $186,200. The performance report shows that Pricilla has an unfavorable direct materials usage variance of $9,200 Also, the company records any price variance for materials at time of purchase. What the direct materials purchase-price variance in July?

Reference no: EM133015003

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