What is the direct materials quantity variance

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Reference no: EM131293722

1. Summerlin Company budgeted 4,200 pounds of material costing $4.00 per pound to produce 2,300 units. The company actually used 4,700 pounds that cost $4.10 per pound to produce 2,300 units. What is the direct materials quantity variance?

$420 unfavorable.

$470 unfavorable.

$2,000 unfavorable.

$2,470 unfavorable.

$2,050 unfavorable.

2. Summerlin Company budgeted 4,700 pounds of material costing $4.00 per pound to produce 2,400 units. The company actually used 5,200 pounds that cost $4.10 per pound to produce 2,400 units. What is the direct materials price variance?

$470 unfavorable.

$2,050 unfavorable.

$2,520 unfavorable.

$520 unfavorable.

$2,000 unfavorable.

Reference no: EM131293722

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