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The following materials standards have been established for a particular product: Standard quantity per unit of output 1.7 meters Standard price $19.80 per meter The
The following materials standards have been established for a particular product:
| Standard quantity per unit of output | 1.7 | meters |
| Standard price | $19.80 | per meter |
The following data pertain to operations concerning the product for the last month:
| Actual materials purchased | 5,800 | meters |
| Actual cost of materials purchased | $113,680 | |
| Actual materials used in production | 5,100 | meters |
| Actual output | 3,200 | units |
What is the materials quantity variance for the month?
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