Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following data relate to product no. 89 of Mansion Corporation: Direct material standard: 5 square feet at $3.40 per square foot Direct material purchased:
The following data relate to product no. 89 of Mansion Corporation: Direct material standard: 5 square feet at $3.40 per square foot Direct material purchased: 33,000 square feet at $3.50 per square foot Direct material consumed: 32,500 square feet Manufacturing activity: 6,400 units completed Use the information to calculate the following variances.
The direct-material quantity variance is:
A. $1,750 U.
B. $1,740 U.
C. $1,700 U.
D. $1,750 F.
E. $1,700 F.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started