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The following materials standards have been established for a particular product: Standard quantity per unit of finished goods 2.8grams Standard price $12.50/gram The actual information

The following materials standards have been established for a particular product:

Standard quantity per unit of finished goods 2.8grams

Standard price $12.50/gram

The actual information for last months production has revealed the following:

Materials purchased 6,200 grams

Cost of materials purchased $81,530

Materials used in production 5,700 grams

Units of finished goods produced 1,800 units

Determine the DM Quantity variance?

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