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What is the materials quantity variance for the month

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Reference no: EM133080967

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

Standard quantity per unit of output 4.6 grams

Standard price $15.05 per gram

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

Actual materials purchased 3,100 grams

Actual cost of materials purchased $44,020

Actual materials used in production 2,400 grams

Actual output 300 units

What is the materials quantity variance for the month?

Reference no: EM133080967

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