Question: Current Attempt in Progress X Your answer is incorrect. Brent received a report from the production and purchasing departments with the following values for
Current Attempt in Progress X Your answer is incorrect. 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? $75 unfavorable. $375 unfavorable. $375 favorable. $75 favorable.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
