Asked by
JULIA WHISMAN
on Oct 10, 2024
Verified
What is the materials quantity variance for the month?
A) $6,550 U
B) $15,982 U
C) $16,104 U
D) $6,600 U
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the expected amount of materials that should have been used, measured at the standard cost.
- Learn the process to determine the variance in quantity of materials.
- Depict what delineates a favorable (F) from an unfavorable (U) variance.
Verified Answer
SS
Learning Objectives
- Learn the process to determine the variance in quantity of materials.
- Depict what delineates a favorable (F) from an unfavorable (U) variance.