Evaluate what is the total material variance

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Problem 1: The budgeted material cost for Product Q is $20 per Kg and 15Kg are budgeted per unit. In May the budgeted number of units of Q was 12,500. The actual number of units produced was 11,750 at cost of $2,962,000 and 12 Kg per unit were used. What is the total material variance?

A. $564,000 (F)

B. $564,000 (A)

C. $705,000 (A)

D. $705,000 (F)

Reference no: EM132659955

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