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1. The following materials standards have been established for a particular product: Standard quantity per unit of output 7.4 Pounds Standard price $14.20 per pound
1.
The following materials standards have been established for a particular product: |
Standard quantity per unit of output | 7.4 | Pounds |
Standard price | $14.20 | per pound |
The following data pertain to operations concerning the product for the last month:
Actual materials purchased | 6,660 | Pounds |
Actual cost of materials purchased | $92,150 | |
Actual materials used in production | 5,960 | Pounds |
Actual output | 1,075 | Units |
What is the materials quantity variance for the month? |
A.$18,389 U | |
B.$5,180 U | |
C.$28,329 F | |
D.$20,811 F |
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