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Evaluate what is the direct materials quantity variance

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Reference no: EM132552816

Question 1: Wissota Co. has a material standard of 2 pounds per unit of output. Each pound has a standard price of $12 per pound. During February, Wissota Co. paid $57,220 for 4,840 pounds, which were all used to produce 2,400 units. What is the direct materials quantity variance?

Select one:

a. $480 Unfavorable

b. $9,980 favorable

c. $9,120 favorable

d. $1,420 unfavorable

Reference no: EM132552816

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