The following data relate to direct materials costs for November: Actual costs 4,600 pounds at $5.50 Standard costs 4,500 pounds at $6.00 What is the direct materials quantity variance? A. $550 unfavorable B. $600 favorable C. $550 favorable D. $600 unfavorable

The following data relate to direct materials costs for November: Actual costs 4,600 pounds at $5.50 Standard costs 4,500 pounds at $6.00 What is the direct materials quantity variance? A. $550 unfavorable B. $600 favorable C. $550 favorable D. $600 unfavorable

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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Question

What is the direct materials quantity variance

The following data relate to direct materials costs for November:
Actual costs
4,600 pounds at $5.50
Standard costs 4,500 pounds at $6.00
What is the direct materials quantity variance?
A. $550 unfavorable
B. $600 favorable
C. $550 favorable
D. $600 unfavorable

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