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Sunland Company has a materials price standard of $4 per pound. 5800 pounds of materials were purchased at $4.20 a pound. The actual quantity of
Sunland Company has a materials price standard of $4 per pound. 5800 pounds of materials were purchased at $4.20 a pound. The actual quantity of materials used was 5800 pounds although the standard quantity allowed for the output was 4200 pounds. Sunland Company's materials price variance is
$1160 U.
$1160 F.
$320 U.
$1680 U.
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