COST ACCOUNTING
STANDARD COSTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In producing product AA, 6, 300 pounds of direct materials were used at a cost of $1.10 per pound. The standard was 6, 000 pounds at $1.00 per pound. The direct materials quantity variance is:
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$330 unfavorable.
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$300 unfavorable.
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$600 unfavorable.
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$630 unfavorable.
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Explanation:
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