Charleston Inc. has a material standard of 3.2 pounds per unit of output. Each pound has a standard price of $12 per pound. During March, Charleston Inc. paid $49,680 for 4,900 pounds, which were used to produce 1,450 units. What is the direct materials quantity variance? a. $3,120 unfavorable b. $8,640 favorable c. $12,540 favorable d. $9,400 unfavorable

Charleston Inc. has a material standard of 3.2 pounds per unit of output. Each pound has a standard price of $12 per pound. During March, Charleston Inc. paid $49,680 for 4,900 pounds, which were used to produce 1,450 units. What is the direct materials quantity variance? a. $3,120 unfavorable b. $8,640 favorable c. $12,540 favorable d. $9,400 unfavorable

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 5PA: Ed Co. manufactures two types of O rings, large and small. Both rings use the same material but...

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