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If the standard quantity of materials is 85,000 units at $0.14 per unit and the actual quantity is 95,500 units at $0.11 per unit, then

If the standard quantity of materials is 85,000 units at $0.14 per unit and the actual quantity is 95,500 units at $0.11 per unit, then the materials price variance is:

Multiple Choice

  • $1,470 Unfavorable.
  • $2,865 Unfavorable.
  • $1,395 Favorable.
  • $2,865 Favorable.

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