Answer:
Tharaldson Corporation
The materials quantity variance for June is:__________
= $1,480
Explanation:
a) Data and Calculations:
                         Standard Quantity    Standard Price     Standard Cost 
                                  or Hours                or Rate                  Per Unit
Direct materials      7.4 ounces       $2.00 per ounce          $14.80
Direct labor             0.3 hours        $18.00 per hour              $5.40
Variable overhead 0.3 hours          $7.00 per hour              $2.10
Reported Results in June:
Originally budgeted output 2,800 units
Actual output 2,900 units
Raw materials used in production 20,600 ounces
Purchases of raw materials 21,700 ounces
Actual direct labor-hours 490 hours
Actual cost of raw materials purchases $42,200
Actual direct labor cost $12,800
Actual variable overhead cost $3,400
Materials quantity variance = (Actual quantity - Budgeted quantity) * standard rate
= (2,900 - 2,800) * $14.80
= $1,480
= (2,900 - 2,800) * 7.4 * $2