Table Manufacturing Company produce one style of tables. The following data pertain to producing one table. Planned
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Question:
Table Manufacturing Company produce one style of tables. The following data pertain to producing one table.
Planned production per month:
Units (one table) = 100
Piece of Woods = 20
Estimate M price = $30
Actual production
Quantity purchased (QP) = 18
Actual Price (AP) = $34
The calculated material quantity (volume) variance is:
a. 72 Favorable
b. 72 Unfavorable
c. 60 Favorable
d. 60 Unfavorable
e. 12 Favorable
f. 12 Unfavorable
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