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46. Edgar, Inc. has a materials price standard of $2.00 per pound. Six thousand pounds of materials were purchased at $2.20 a pound. The actual

46. Edgar, Inc. has a materials price standard of $2.00 per pound. Six thousand pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 6,000 pounds, although the standard quantity allowed for the output was 5,400 pounds.

Edgar, Inc.'s materials quantity variance is

Group of answer choices

$1,200 Favorable.

$1,200 Unfavorable.

$1,320 Favorable.

$1,320 Unfavorable.

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