General Studies · Cost Accounting
The 'Brighton Company' manufactures a single product with a standard direct material cost of 40 per unit. During the year, the actual production was 18,000 units. Calculate the Material Price Variance if the actual material used was 18,500 units purchased at a price of 40.54 per unit.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 15,000 (Favorable)
- 215,000 (Unfavorable)
- 39,990 (Unfavorable)✓
- 410,000 (Favorable)
Correct answer
9,990 (Unfavorable)
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