Relevant information for material A follows: Actual quantity purchased and used 6,500 lbs. Actual price............ $ 3.80

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Relevant information for material A follows: Actual quantity purchased and used 6,500 lbs.
Actual price............ $ 3.80
Standard quantity allowed..... 6,000
Standard price ............ $ 4.00
What was the direct material quantity variance for material A?
a. $2,000 favorable
b. $1,900 favorable
c. $1,900 unfavorable
d. $2,000 unfavorable
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Cornerstones of Cost Management

ISBN: 978-1285751788

3rd edition

Authors: Don R. Hansen, Maryanne M. Mowen

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