The following company information is available for march. the direct materials price variance is: direct materials purchased and used standard costs for direct materials for march production 3, 600 feet $80 3,700 feet $78 multiple choice $600 favorable. a. $7,400 unfavorable. b. $7,400 favorablec. $7.200 favorable. d. $7,200 unfavorable.

Option (d) $7,200 unfavorable.

Explanation:

Data provided in the question:

Standard price = $78

Actual price = $80

Standard quantity = 3,700

Actual quantity = 3,600

Now,

The direct material price variance

= ( Standard price - Actual price ) × actual quantity

= ( $78 - $80 ) × 3,600

or

= - 7,200       [ negative sign depicts unfavorable ]

Hence,

Option (d) $7,200 unfavorable.

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

a loan? that’s my guess, anywho.