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Swifty, Inc. makes high-quality swimsuits. During the year, the company produced 840 suits, using 1,335 yards of material, and the company purchased 1,168 yards of
Swifty, Inc. makes high-quality swimsuits. During the year, the company produced 840 suits, using 1,335 yards of material, and the company purchased 1,168 yards of material for $4,898. The direct materials standard for the swimsuits allows 1.50 yards of material at a standard price of $4 per yard. Calculate Swifty's direct materials quantity variance for the year. (If variance is zero, select "Not Applicable" and enter O for the amounts. Round answer to 0 decimal places, e.g. 15.) $ Unfavorable Direct material quantity variance
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