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Assume the following: . The standard price per pound is $2.30. . The standard quantity of pounds allowed per unit of finished goods is 4
Assume the following: . The standard price per pound is $2.30. . The standard quantity of pounds allowed per unit of finished goods is 4 pounds. . The actual quantity of materials purchased was 53,000 pounds, whereas the quantity of materials used in production was 50,400 pounds. . The actual purchase price per pound of materials was $2.25. . The company produced 13,000 units of finished goods during the period. What is the materials quantity variance? Multiple Choice O $3,680 F O $5,850 F O $3,600 F O $5,980 F
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