Question
Assume that the standard cost to make one unit of product includes 15 units of raw materials at a price of $3 per unit. In
Assume that the standard cost to make one unit of product includes 15 units of raw materials at a price of $3 per unit. In July, 34,000 units of raw materials were purchased for $100,800, and 30,600 units of raw materials were used to produce 2,000 units of finished product.
What is the materials quantity variance?
| a. | $2,400 (U) |
| b. | $1,800 (U) |
| c. | $1,200 (F) |
| d. | $1,200 (U) |
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Management Information Systems Managing the Digital Firm
Authors: Kenneth C. Laudon, Jane P. Laudon
15th edition
134639715, 978-0134639710
