Sunny Corporation has collected the following data for one of its products: Direct materials standard (3 pounds per unit @ $0.56/b.) variance-unfavorable Direct materials flexible budget Actual Direct Materials Used (AQU) Actual finished goods produced What is the actual cost of the Direct Materials Used (AQU) per pound? OA. $0.56 B. $1.36 OC. $1.01 OD. $2.26 $1.68 per finished good $14.000 40,000 pounds 24,000 units

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 1BE: Direct materials variances Bellingham Company produces a product that requires 2.5 standard pounds...
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Sunny Corporation has collected the following data for one of its products:
Direct materials standard (3 pounds per unit @ $0.56/lb.)
Direct materials flexible budget variance-unfavorable
Actual Direct Materials Used (AQU)
Actual finished goods produced
What is the actual cost of the Direct Materials Used (AQU) per pound?
OA. $0.56
OB. $1.36
OC. $1.01
OD. $2.26
$1.68 per finished good
$14.000
40,000 pounds
24,000 units
Transcribed Image Text:=t K Sunny Corporation has collected the following data for one of its products: Direct materials standard (3 pounds per unit @ $0.56/lb.) Direct materials flexible budget variance-unfavorable Actual Direct Materials Used (AQU) Actual finished goods produced What is the actual cost of the Direct Materials Used (AQU) per pound? OA. $0.56 OB. $1.36 OC. $1.01 OD. $2.26 $1.68 per finished good $14.000 40,000 pounds 24,000 units
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