Asked by
Hemraj Tankesore
on Oct 10, 2024
Verified
The materials quantity variance for August is:
A) $5,576 F
B) $5,576 U
C) $5,440 F
D) $5,440 U
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the standard amount expected to be used, multiplied by the standard cost per unit.
- Master the technique for assessing the variance in materials quantity.
- Describe the unique attributes that make a variance favorable (F) as opposed to unfavorable (U).
Verified Answer
TT
Learning Objectives
- Master the technique for assessing the variance in materials quantity.
- Describe the unique attributes that make a variance favorable (F) as opposed to unfavorable (U).