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Determine the actual pounds of material purchased during may

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An intern for Zeus, Inc. is trying to determine the actual pounds of materials purchased for the month of May. The intern has found the following pieces of information that may be useful: the materials price variance for the month was $1,700 unfavorable and the materials usage variance was $400 favorable. The standard materials for the level of production in march was 2,050 lbs. while the actual pounds used were 1,850 lbs. at an actual price of $3 per pound.

Problem 1: Determine the actual pounds of material purchased during May.

Reference no: EM132700007

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