Wimberly Company Wimberly Company has the following information available for March when 4,200 units were produced (round answers to the nearest dollar).
Refer to Wimberly Company. What is the material quantity variance?
A) $ 510 F
B) $ 525 U
C) $ 525 F
D) $3,675 U

Question

Wimberly Company Wimberly Company has the following information available for March when 4,200 units were produced (round answers to the nearest dollar).
 Refer to Wimberly Company. What is the material quantity variance?
A) $ 510 F 
B) $ 525 U 
C) $ 525 F 
D) $3,675 U

Quizplus · Accepted Answer

To calculate material quantity variance, we use the formula: (Actual quantity of material used - Standard quantity of material allowed) x Standard price per unit.

In this case, the standard quantity of material allowed for 4,200 units is not given, so we cannot calculate the variance. Therefore, the answer is C - not enough information provided.

Wimberly Company Wimberly Company Has the Following Information Available for March