2. The following materials standards have been established for a particular product: Standard quantity per unit...

Transcribed Image Text:

2. The following materials standards have been established for a particular product: Standard quantity per unit of output........... Standard price....... 1.7 meters $19.80 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased. 5.800 meters $113,680 Actual cost of materials purchased.. Actual materials used in production... Actual output....... 5,100 meters 3,200 units What is the materials quantity variance for the month? A. $13,720 U B. $6,732 F C. $13,860 U D. $6,664 F 2. The following materials standards have been established for a particular product: Standard quantity per unit of output........... Standard price....... 1.7 meters $19.80 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased. 5.800 meters $113,680 Actual cost of materials purchased.. Actual materials used in production... Actual output....... 5,100 meters 3,200 units What is the materials quantity variance for the month? A. $13,720 U B. $6,732 F C. $13,860 U D. $6,664 F

Answer rating: 100% (QA)

Correct answerB 6732 F Material Quantity Variance Standard Quantity Actual Qua... View the full answer