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TB MC Qu. 15-52 Riverside Incorporated's actual production for... Riverside Incorporated's actual production for August is 2.000 units. The standard cost for raw material
TB MC Qu. 15-52 Riverside Incorporated's actual production for... Riverside Incorporated's actual production for August is 2.000 units. The standard cost for raw material number 321 is $60 per unit consisting of 3 pounds per unit at $20 per pound. The actual cost for raw material number 321 in August amounted to $57.60 per unit consisting of 3.2 pounds per unit at $18 per pound. The resulting budget variance for raw material number 321 in August was therefore $4,800 F (2,000 units ($6000 $5760) What amount of Riverside Incorporated's $4,800 F budget variance in March is attributable to the quantity of raw material number 321 used? Multiple Choice $8.000F $8,000 U $12.900 F $12,300 U
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