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Assume the following - The standard price per pound is $235 - The standard quantity of pounds allowed per unit of finished goods is 4
Assume the following - The standard price per pound is $235 - 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 quantify of materiais used in production was 50,700 pounds - The actuai parchase 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? Mulsiple Choice 59.955F 55,1751 $2024F 55405F
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