Cultco Pty Ltd has set the following direct material standards per unit of product: 2.5 kg @ $3.00 per kg; $7.50 per unit. During April, actual direct material purchased and used amounted to 8000 kg at a cost of $3.10 per kg. Actual production level was 3,000 units. Determine Cultco’s direct material price variance.

Sep 8, 2023

Don't use plagiarized sources. Get Your Custom Essay on
Cultco Pty Ltd has set the following direct material standards per unit of product: 2.5 kg @ $3.00 per kg; $7.50 per unit. During April, actual direct material purchased and used amounted to 8000 kg at a cost of $3.10 per kg. Actual production level was 3,000 units. Determine Cultco’s direct material price variance.
Just from $13/Page
Order Essay

Recent Posts