Dillon has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing

Question:

Dillon has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 2,000 units, Dillon used 3,100 pounds of materials at a total cost of $18,135.

Dillon's total variance is:

$450 F

$600 U

$465 U

$135 U

Dillon's materials price variance is:

$465 F

$135 U

$600 F

$1,050 F

Dillon's materials quantity variance is:

$135 F

$465 U

$600 U

$1,050 U

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting for Managers

ISBN: 978-1259578540

4th edition

Authors: Eric Noreen, Peter Brewer, Ray Garrison

Question Posted: