Turrubiates Corporation makes a product that uses a material with the following standards:   Standard quantity   7.5 liters per unit Standard price $ 1.20 per liter     The company budgeted for production of 2,400 units in April, and the actual production was 2,400 units. The company used 16,410 liters of direct material to produce this output. The company purchased 16,410 liters of the direct material at $1.10 per liter.   The direct materials quantity variance is computed based on materials used in production   The materials quantity variance for April is:       A.  $1,908 U     B. $810 U     C. $1,908 F     D. $810 F

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 1PA: Lens Junction sells lenses for $45 each and is estimating sales of 15,000 units in January and...
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Turrubiates Corporation makes a product that uses a material with the following standards:

 

Standard quantity

 

7.5

liters per unit

Standard price

$

1.20

per liter

 

 

The company budgeted for production of 2,400 units in April, and the actual production was 2,400 units. The company used 16,410 liters of direct material to produce this output. The company purchased 16,410 liters of the direct material at $1.10 per liter.

 

The direct materials quantity variance is computed based on materials used in production

 

The materials quantity variance for April is:

 

 

  A.

 $1,908 U

 

  B.

$810 U

 

  C.

$1,908 F

 

  D.

$810 F

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