During November, 10,000 units were produced. The standard quantity of material allowed per unit was 12 pounds at a standard cost of $4 per pound. If there was an unfavorable usage variance of $25,020 for November, what amount must be the actual quantity of materials used?

During November, 10,000 units were produced. The standard quantity of material allowed per unit was 12 pounds at a standard cost of $4 per pound. If there was an unfavorable usage variance of $25,020 for November, what amount must be the actual quantity of materials used?

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 23Q: If a factory operates at 100% of capacity one month, 90% of capacity the next month, and 105% of...

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What amount must be the actual quantity of material cost ?

During November, 10,000 units were produced.
The standard quantity of material allowed per
unit was 12 pounds at a standard cost of $4 per
pound. If there was an unfavorable usage
variance of $25,020 for November, what amount
must be the actual quantity of materials used?

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