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Business, 13.06.2020 20:57 only1cache
The standard cost card for a product indicates that one unit of the product requires 8 kilograms of a raw material at $0.80 per kilogram. The production of the product in June was 870 units, but production had been budgeted for 850 units. During June, 8,200 kilograms of the raw material were purchased for $6,888 and 7,150 kilograms of the raw material were used in production. The material variances for June were: Material Price Variance Material Quantity Variance A) $286 U $152 U B) $286 U $280 U C) $328 U $152 U D) $328 U $280 U
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