Suver Corporation has a standard costing system. The following data are available for June:Actual quantity of direct materials purchased 24,000 poundsStandard price of direct materials $6.00 per poundMaterial price variance $6,000 UnfavorableMaterial quantity variance $2,400 FavorableThe actual price per pound of direct materials purchased in June was:a. $6.10 per poundb. $5.90 per poundc. $6.25 per poundd. $6.30 per pound
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Home » Business » Suver Corporation has a standard costing system. The following data are available for June:Actual quantity of direct materials purchased 24,000 poundsStandard price of direct materials $6.