Chegg Weypand, Managerial Accounting, 7e Help 1 System Announcements ?BACK NEX C

Question

Chegg Weypand, Managerial Accounting, 7e Help 1 System Announcements ?BACK NEX CALCULATOR PRINTER VERSION ES Multiple Choice Question 81 Waterway Industriespianned to use 1 yard of plastic per unit budgeted at $76 a yard. However, the KAPI plastic actually cost $75 per yard. The company actually made 4100 units, although it had planned to moke only 3300 units. Total yards used for production were 4160. How much is the total materiais variance $4160 F $60800 U $6080 U $400 oven for t TRY Question Attempts: O of 2 used SAVE rOR LATER Question Attempts: 0 of 2 used SAVE FOR LATER SUBMIT ANSWER

Explanation / Answer

Total material variance = Standard material cost - Actual material cost
= 4,100 x 1 x $76 - 4,160 x $75
= $311,600 - $312,000
= $400 Unfavorable

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