The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93;...

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The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93;...

The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.05 Yards per unit: standard, 4.63 yards; actual, 5.07 yards Units of production: 9,300

The direct materials quantity variance is

a. $7,897.56 favorable

b. $7,897.56 unfavorable

c. $8,388.60 unfavorable

d. $8,388.60 favorable

business accounting

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Answer 1

Answer #1

Answer : $7897.56 favorable

calculated as

Direct Material Quantity Variance = (AQ-SQ) x SP

= ((4.63-5.07) X 1.93)X9300

= 7897.56 favorable

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Answer 2

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