Homework Answers
| Material usage variance arises when the actual quantity used is higher than allowed | ||||||
| Material usage variance | (Actual quantity - Standard quantity)*Standard rate | |||||
| Material usage variance | (25200-(3100*8))*0.19 | |||||
| Material usage variance | (25200-24800)*0.19 | |||||
| Material usage variance | $76.00 | U | ||||
| Thus, material usage variance is $76 U | ||||||
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