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Hushovd Iron Works has collected the following data for its Thunderbolt line of products: Direct material standard 10 pounds per unit Direct materials standard cost
Hushovd Iron Works has collected the following data for its Thunderbolt line of products:
Direct material standard 10 pounds per unit
Direct materials standard cost .75 per pound
Actual direct materials used 40,000 pounds
Actual finished goods purchased 4,500 units
What is the direct materials quantity variance?
a. $3750 unfavorable
b. $3750 favorable
c. $6750 unfavorble
d. $6750 favorable
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