The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12200...
The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12200 gallons of direct materials that actually cost $45140 were used to produce 7000 units of product. The direct materials quantity variance for last month was
| $7200 unfavorable. |
| $7200 favorable. |
| $6100 unfavorable. |
| $5400 favorable. |
Homework Answers
Materials Quantity Variance
= (SQ-AQ) *SP
= (7000*2 - 12200)*4
= (14000 - 12200)*4
= 7200 Favourable
Option B is the answer
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The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12200...
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materials at $5.50 per unit. During August, the company bought
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produce 11,100 units.
Compute the total, price, and quantity variances for
materials.
Total materials variance
$
Unfavorable or Favorable
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$
unfavorable
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product: 5 kilograms of direct materials at $3.20 per kilogram.
Last month, 1000 kilograms of direct materials were purchased for
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