Casivant Corporation makes a product that uses a material with the following direct material standards: The materials quantity variance for November is:
A) $3,880 F
B) $3,686 U
C) $3,686 F
D) $3,880 U

Question

Casivant Corporation makes a product that uses a material with the following direct material standards:   The materials quantity variance for November is:
A) $3,880 F 
B) $3,686 U 
C) $3,686 F 
D) $3,880 U

Quizplus · Accepted Answer

SQ = 7,300 units × 3.8 pounds per unit = 27,740 pounds
Materials quantity variance = (AQ - SQ) × SP
= (28,710 pounds − 27,740 pounds) × $4.00 per pound
= (970 pounds) × $4.00 per pound
= $3,880 U

Casivant Corporation Makes a Product That Uses a Material with the Following