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Question Parallel Enterprises has collectedthe following data on one of its products. During the per

Parallel Enterprises has collectedthe following data on one of its products. During the period thecompany produced 25,000 units. The direct materials quantityvariance is:

 

Direct materials standard (7 kg.@ $1.50/kg.)

$10.50 per finished unit

Actual cost of materialspurchased

$231,600

Actual direct materialspurchased and used

140,000 kg

$30,900 unfavorable.

$52,500 unfavorable.

$52,500 favorable.

$21,600 unfavorable.

$21,600 favorable.

Apr 22 2020 View more View Less

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