Homework Answers
Material price variance= (Standard price-Actual price)*Actual quantity
$6300 U= ($52.80-55.20)*Actual quantity
$-6300= $-2.40*Actual quantity
Actual quantity= $6300/2.40
Actual quantity= 2625
Actual quantity= Pounds of materials are used in the current period= 2625 pounds
So, the answer is option C) 2625
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Cavern Company's output for the current period results in a $6,300 unfavorable direct material price variance....
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