f Preble had purchased 188,000 pounds of materials at $7.20 per pound and used 170,000 pounds in production, what would be the materials quantity variance for March?
                                                                         Standard cost
Direct Material: 6  pounds at  $8 per pound   48
Direct labour    :4 hours at  $13 per hour          52
Variable overhead  4 hours at $5 per hour       20
The planning budget for  for March is to produce and sell   20,000 units but the However during March the company actually produce 25,500 units
Answer:
Material quantity Variance   =$122,400 unfavorable
Explanation:
<em>Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.
</em>
<em>It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price
</em>
                                                                                              Pounds
25,500 should have used  (25,500× 6)                       153,000
but did use                                                                       <u> 170,000</u>
Quantity variance                                                              17,000
Standard price                                                             ×   <u>   $7.20</u>
Material quantity Variance                                             <u> $122,400 </u>
unfavorable
Material quantity Variance   =$122,400