Jackson Industries has collected the following data for one of its products:
Direct materials standard (6 pounds per unit @ $0.55/lb.) $3.30 per finished good
Direct materials flexible budget variance-unfavorable $12,000
Actual Direct Materials Used (AQU) 35,000 pounds
Actual finished goods produced 26,000 units
What is the total actual cost of the direct materials used?
A) $19,250
B) $73,800
C) $97,800
D) $85,800
C
Explanation: C)
26,000 units × $3.30 per unit = $85,800
Mat'l budget variance 12,000
Total $97,800
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