Brent received a report from the production and purchasing departments with the following values for August:

• Actual materials quantity: 6,200 pounds
• Total actual cost: $9,250
• Standard materials quantity: 1.25 pounds/unit
• Standard price: $1.50/pound
• Units made: 4,800

Two days later, Brent received a correction from the production department that they found a missing order for 200 units, which means they made 5,000 units in August. How much would Brent's materials quantity variance change for the month of August?

 

Answer rating: 100% (QA)

To calculate Brents materials quantity variance we need to compare the actual materials used with th... View the full answer