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The following data relates to Lak Ltd. The standard cost sheet is as follows: Direct material 2kg $2.50/kg $5.00 Direct labour 5hours $20/hour $100 The

The following data relates to Lak Ltd. The standard cost sheet is as follows:

Direct material

2kg

$2.50/kg

$5.00

Direct labour

5hours

$20/hour

$100

The Actual data is as follows: 10,642 units were produced

Direct material purchased

25,000kg

$2/kg

$50,000

Direct material used

22,000kgs

What is the direct material quantity variance?

****Enter a negative number if you have a Favourable variance and a positive number if you have an Unfavourable variance.****

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