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How much is the direct materials quantity variance

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Reference no: EM132565308

Scotto Designs has the following standards for the production of scarves:

                                     Standard Quantity                       Standard Price

Direct materials              1.2 yards per scarf                $4.70 per yard

Direct labor                    0.15 hours per scarf               $11.00 per hour

Question 1: The company used 985 yards of material in order to make 800 scarves in April. The company purchased 1,100 yards at $4.60 per yard. How much is the direct materials quantity variance?

Reference no: EM132565308

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