Total Materials Variance Krumple Inc. produces aluminum cans. Production of 10-ounce cans has a standard unit quantity of 4.4 ounces of aluminum per can. During the month of April, 350,000 cans were produced using 1,300,000 ounces of aluminum. The actual cost of aluminum was $0.19 per ounce and the standard price was $0.11 per ounce. There are no beginning or ending inventories of aluminum. Required: Calculate the total variance for aluminum for the month of April. Enter amount as a positive number and select Favorable or Unfavorable. Unfavorable Feedback Check My Work 1. Compute the actual costs = actual quantity x actual cost per unit; (AQ X AP) 2. Compute the standard cost = standard quantity (units produced standard unit quantity) standard cost per unit; (SQ * SP) 3. Subtract standard costs from the actual costs then determine if the result is favorable or unfavorable Review the "How to Calculate the Total Variance for Materials" example in your text. Check My Work Previous Next