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lawyer [7]
4 years ago
13

Degregorio Corporation makes a product that uses a material with the following direct material standards:

Business
1 answer:
dimaraw [331]4 years ago
3 0

Answer:

Materials quantity variance = $2,350 F

Explanation:

Given:

Standard quantity = 3.7 kilos per unit

Standard price = $5 per kilo

Unit produced = 6,300

Total material = 23,780

Computation:

Materials quantity variance = (Actual quantity × Standard price) - (Standard quantity × Standard price)

Materials quantity variance = (23,780 × $) - (6,300  × 3.7  × $5)

Materials quantity variance = $118,900 - $116,550

Materials quantity variance = $2,350 F

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