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A company uses the following standard costs to produce a batch of their world famous holiday food. Cost Item Standard Direct materials 6 pounds at
A company uses the following standard costs to produce a batch of their world famous holiday food. Cost Item Standard Direct materials 6 pounds at $0.90 per pound 0.5 hours at $12.00 per hour Direct labor Actual costs for November for 10,000 batches of output were: Cost Item Actual Usage Total Direct materials 58,000 pounds $58,000 Direct labor 4,900 hours $56,350 Based on this information, the direct materials quantity variance for November was: $1,800 F $1,800 U $1,000 F $5,800 F
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