Question on material quantity variance

Assignment Help Managerial Accounting

Reference no: EM1349017

The following materials standards have been established for a particular product:

Standard quantity per unit of output 5.1 grams

Standard price $11.95 per gram

The following data pertain to operations concerning the product for the last month:

Actual materials purchased 6,800 grams

Actual cost of materials purchased $86,360

Actual materials used in production 6,300 grams

Actual output 1,000 units

What is the materials quantity variance for the month?

a. $15,240 U

b. $6,350 U

c. $14,340 U

d. $5,975 U

Reference no: EM1349017

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