A company developed the following per unit materials standards for its product: 3 gallons of direct...
A company developed the following per unit materials standards for its product: 3 gallons of direct materials at $5 per gallon. If 2,000 units of product were produced last month and 5,750 gallons of direct materials were used, the direct materials quantity variance was:
| a. |
$750 favorable |
|
| b. |
$1,250 favorable |
|
| c. |
$7,500 favorable |
|
| d. |
$11,250 favorable. |
Homework Answers
| Materials quantity variance | ||||
| (AQ -SQ)*AQ used | ||||
| (5,750 - 2000*3)*5 | ||||
| 1250 | F | |||
| answer) | ||||
| option b | ||||
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