The standard budget for raw material costs of a product is 5 kg at €10 = €50 for a given period. At the end of a budget period, it shows that 4,500 kg was purchased at €10.50 per kg. Of this purchased quantity, 4,000 kg was actually used to manufacture 750 products. The unfavorable efficiency volume variance is:

a) €7,875 

b) €7,500 

c) €2,625 

d) €2,500

Answer rating: 100% (QA)

Answer The correct option is d ... View the full answer