Mathematics · Cost Accounting
A firm operates a standard costing system. The standard direct material cost for a product is 3 kg at $4.00 per kg. Last month, 3,400 kg of material were purchased at a total cost of $14,800. What was the adverse direct material price variance for last month?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$1,260
- 2$1,212
- 3$1,200✓
- 4$1,000
Correct answer
$1,200
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