The following data relate to direct materials costs for February:
Materials cost per yard: standard, $1.90; actual, $2.03
Standard yards per unit: standard, 4.64 yards; actual, 5.15 yards
Units of production: 9,000
Calculate the direct materials quantity variance.
a. $8,721.00 unfavorable
b. $8,721.00 favorable
c. $9,317.70 unfavorable
d. $9,317.70 favorable
Answers: 2
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The following data relate to direct materials costs for February:
Materials cost per yard: standard...
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