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Dillon has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 2,000 units, Dillon used 3,100 pounds of materials
Dillon has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 2,000 units, Dillon used 3,100 pounds of materials at a total cost of $18,135.
Dillon's total variance is:
$450 F. |
| $600 U. |
| $465 U. |
| $135 U. |
Dillon's materials price variance is:
$465 F. |
| $135 U. |
| $600 F. |
| $1,050 F. |
Dillon's materials quantity variance is:
$135 F. |
| $465 U. |
| $600 U. |
| $1,050 U. |
Would appreciate the math behind this, I am having trouble knowing what numbers to use
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