The standard amount of materials required to make one unit of Product Q is 5 pounds. Tusa's static budget showed a planned production of 17,000 units. During the period the company actually produced 17,100 units of product. The actual amount of materials used averaged 5.1 pounds per unit. The standard price of the material is $1 per pound. Based on this information, the materials usage variance was:
$1,710 favorable.
$1,700 favorable.
$1,710 unfavorable.
$1,700 unfavorable.

Answer rating: 100% (QA)

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