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 Accounting Volume 2
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ISBN:9781947172609
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Chapter8: Standard Costs And Variances
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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
Transcribed Image Text: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
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