Question: For Blane Company, the per-unit standards for direct materials are 14.0 gallons at $4.80 per gallon. Last month, 12,700 gallons of direct materials that actually

 For Blane Company, the per-unit standards for direct materials are 14.0

For Blane Company, the per-unit standards for direct materials are 14.0 gallons at $4.80 per gallon. Last month, 12,700 gallons of direct materials that actually cost $58,400 were used to produce 820 units of product. What was the company's total materials variance for last month? O $3,296 Unfavorable O $3,296 Favorable O $2.560 Favorable O $2,560 Unfavorable

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!