Solution-What was the material quantity variance for month

What was the material quantity variance for month of July

Reference no: EM132927929

Question - Beast Titan Company established a standard direct material cost of Php30 per finished unit for its main product. The standard is calculated using direct material of 6 pounds and a standard rate of Php2.50 per pound.

For the month of July, Beast Titan expected to produce 48,000 units. During the month, Leo purchased and used 260,000 pounds of material and produced 46,500 finished units. The actual price paid per pound was Php2.70.

What was the material quantity variance for the month of July?

Reference no: EM132927929

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What was the material quantity variance for month of July : For the month of July, Beast Titan expected to produce 48,000 units. What was the material quantity variance for the month of July

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What was the material quantity variance for month of July

Reference no: EM132927929

Reference no: EM132927929

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