Asked by
Huncho Family
on Oct 10, 2024
Verified
The materials quantity variance is:
A) $1,200 U
B) $1,100 U
C) $1,100 F
D) $1,200 F
Materials Quantity Variance
The variance between the actual amount of materials utilized in manufacturing and the anticipated amount, multiplied by the established unit cost.
- Gain insight into evaluating materials quantity variance.
- Summarize the criteria that distinguish between favorable (F) and an unfavorable (U) variances.
Verified Answer
DY
Learning Objectives
- Gain insight into evaluating materials quantity variance.
- Summarize the criteria that distinguish between favorable (F) and an unfavorable (U) variances.