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Costless Corporation produces only one product. The standard material cost for that product is 6 gallons at $11.50 per gallon. During August, the company made
Costless Corporation produces only one product. The standard material cost for that product is 6 gallons at $11.50 per gallon. During August, the company made 9,400 units of product and used 25,750 gallons. The actual price for materials was $10.50 per gallon. Which of the following is true? The materials quantity variance is $378,225 unfavorable. The materials quantity variance is $352,475 favorable. The materials quantity variance is $25,750 unfavorable. The materials quantity variance is $378,225 favorable
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