question archive The standard for direct material's is making a certain product are 20 pounds at $0
The standard for direct material's is making a certain product are 20 pounds at $0
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The standard for direct material's is making a certain product are 20 pounds at $0.75 per pound. During the past period, 56,000 units of product were made and the material quantity variance was $30,000 U. The number of pounds of direct material used during the period amounts to:
A. 1,080,000
B. 1,160,000
C. 1,200,000
D. 784,000
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B. 1,160,000
is the answer
The quantity variance implies that 40,000 lbs.were used inefficiently.
Production allows atotal of 1,120,000 lbs (20 x 56,000). Actualusage is 1,160,000 (1,120,000 + 40,000).
