The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: $\begin{array}{ll}
\text {Actual materials purchased }&6,600 & \text { Pounds } \
\text {Actual cost of materials purchased }&\$ 91,740 & \
\text {Actual materials used in production. }&5,900 & \text { Pounds } \
\text {Actual output. }&1,000 & \text { Units }
\end{array}$ What is the materials quantity variance for the month?
A)$19,460 F
B)$9,730 U
C)$10,115 U
D)$20,230 F

Question

The following materials standards have been established for a particular product:  The following data pertain to operations concerning the product for the last month: $\begin{array}{ll}
\text {Actual materials purchased }&6,600 & \text { Pounds } \
\text {Actual cost of materials purchased }&\$ 91,740 & \
\text {Actual materials used in production. }&5,900 & \text { Pounds } \
\text {Actual output. }&1,000 & \text { Units }
\end{array}$ What is the materials quantity variance for the month?
A)$19,460 F 
B)$9,730 U 
C)$10,115 U 
D)$20,230 F

Quizplus · Accepted Answer

The Answer of The following materials standards have been established for a particular product:  The following data pertain to operations concerning the product for the last month: $\begin{array}{ll}
\text {Actual materials purchased }&6,600 & \text { Pounds } \
\text {Actual cost of materials purchased }&\$ 91,740 & \
\text {Actual materials used in production. }&5,900 & \text { Pounds } \
\text {Actual output. }&1,000 & \text { Units }
\end{array}$ What is the materials quantity variance for the month?
A)$19,460 F 
B)$9,730 U 
C)$10,115 U 
D)$20,230 F

The Following Materials Standards Have Been Established for a Particular