Question 4 assignment 1

Total Materials Variance Krumple Inc. produces aluminum cans. Production of 14-ounce cans has a standard unit quantity of 4.3 ounces of aluminum per can. During the month of April, 340,000 cans were produced using 1,450,000 ounces of aluminum. The actual cost of aluminum was $0.16 per ounce and the standard price was $0.05 per ounce. There are no beginning or ending inventories of aluminum Required: Calculate the total variance for aluminum for the month of April. Enter amount as a positive number and select favorable or Unfavorable. Unfavorable