The following data relate to direct materials costs for December: Actual costs: 3,200 pounds at $7.25 Standard costs: 3,000 pounds at $7.00 What is the direct materials quantity variance? A. $1,400 favorable B. $1,400 unfavorable C. $1,450 unfavorable D. $1,400 favorable

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 14CE: Refer to Cornerstone Exercise 8.13. In March, Nashler Company produced 163,200 units and had the...
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The following data relate to direct materials costs for December:
Actual costs: 3,200 pounds at $7.25 Standard costs: 3,000 pounds at $7.00
What is the direct materials quantity variance?
A. $1,400 favorable
B. $1,400 unfavorable
C. $1,450 unfavorable
D. $1,400 favorable
Transcribed Image Text:The following data relate to direct materials costs for December: Actual costs: 3,200 pounds at $7.25 Standard costs: 3,000 pounds at $7.00 What is the direct materials quantity variance? A. $1,400 favorable B. $1,400 unfavorable C. $1,450 unfavorable D. $1,400 favorable
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