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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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