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The materials quantity variance for november is

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Tidd Corporation makes a product with the following standard costs:

  Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit
  Direct materials 4.7 grams    $3.00 per gram $14.10          
  Direct labor 0.8 hours    $16.00 per hour $12.80          
  Variable overhead 0.8 hours    $4.00 per hour $3.20          

The company reported the following results concerning this product in November.

 Originally budgeted output 8,900     units
  Actual output 9,000     units
  Raw materials used in production 44,810     grams
  Purchases of raw materials 47,300     grams
  Actual direct labor-hours 7,870     hours
  Actual cost of raw materials purchases  $132,440    
  Actual direct labor cost $125,133    
  Actual variable overhead cost $29,906    

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The materials quantity variance for November is:

Reference no: EM131795846

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