Standard material costs per unit are 350Actual costs per uni

Standard material costs per unit are $3.50·Actual costs per unit are $3.80 Actual quantity is 3,000. Standard quantity is 2,800. Material price variance is A. $700 unfavorable B. $700 favorable C. $900 unfavorable D. $900 favorable 9

Solution

Material price variance (3.5 -3.8)3000 =-900 unfavorable

Option c is correct.

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