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What direct materials quantity variance is

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Reference no: EM132805862

The following data relate to direct materials costs for February:

Materials cost per yard: standard, $1.94; actual, $2.03
Yards per unit: standard, 4.68 yards; actual, 5.11 yards
Units of production: 9,500

Problem 1: The direct materials quantity variance is

a. $7,924.90 favorable
b. $8,292.55 favorable
c. $8,292.55 unfavorable
d. $7,924.90 unfavorable

Reference no: EM132805862

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