Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The standard amount of materials required to make one unit of Product Q is 8 pounds. Tusa's static budget showed a planned production of 11,000

The standard amount of materials required to make one unit of Product Q is 8 pounds. Tusa's static budget showed a planned production of 11,000 units. During the period the company actually produced 11,100 units of product. The actual amount of materials used averaged 8.1 pounds per unit. The standard price of material is $1 per pound. Based on this information, the materials usage variance was:

A. $1,110 unfavorable.

B. $1,100 favorable.

C. $1,110 favorable.

D. $1,100 unfavorable.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Security Audit And Control Features SAP ERP

Authors: Deloitte Touche Tohmatsu Research Team And Isaca

3rd Edition

1604201150, 978-1604201154

More Books

Students also viewed these Accounting questions