Dillon has a standard of 1.5 pounds of materials per unit, at S6 per pound. In producing 2,000 units, Dillon used 3,100 pounds of materials at a total cost of $18,135 1. Dillon's material quantity variance is: a. $135 F b. $465 U c. $600 U d. $1,050 U 2. Dillon's total materials variance is: a. $450 F b. $135 U c. $465 U d. $600 U 3. Dillon's material price variance is: a. $135 U b. $465 F c. $600 F d. $1,050 F

Dillon has a standard of 1.5 pounds of materials per unit, at S6 per pound. In producing 2,000 units, Dillon used 3,100 pounds of materials at a total cost of $18,135 1. Dillon's material quantity variance is: a. $135 F b. $465 U c. $600 U d. $1,050 U 2. Dillon's total materials variance is: a. $450 F b. $135 U c. $465 U d. $600 U 3. Dillon's material price variance is: a. $135 U b. $465 F c. $600 F d. $1,050 F

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead

Section: Chapter Questions

Problem 1E: In all of the exercises involving variances, use F and U to designate favorable and unfavorable...

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