Connect htm Chapter 10 alt Help Save&ExiltSubmi; The following materials standar

Question

Connect htm Chapter 10 alt Help Save&ExiltSubmi; The following materials standards have been established for a particular product 4 Standard quantity per unit of output Standard price 5.8 pounds $14.60 per pound poinb The following data pertain to operations concerning the product for the last month Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 6,900 pounds $64,280 6,400 pounds 840 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity varlance for the month? Multiple Choice Prey 4 of Next > APR 1 0

Explanation / Answer

Material quantity variance = (Standard quantity-actual quantity) Standard price

= (840*5.8-6400)14.60

Material quantity variance = 22309 U

so answer is b) $22,309 U

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