Asked by
Simone Portnoy
on Oct 10, 2024
Verified
The raw materials quantity variance for the month is closest to:
A) $77 U
B) $85 F
C) $85 U
D) $77 F
Raw Materials Quantity Variance
The difference between the expected amount of raw materials required for production and the actual amount used.
- Recognize the components that contribute to the fluctuation in raw materials' quantity variance.
- Elucidate the criteria that define a variance as either favorable (F) or unfavorable (U).
Verified Answer
HV
Learning Objectives
- Recognize the components that contribute to the fluctuation in raw materials' quantity variance.
- Elucidate the criteria that define a variance as either favorable (F) or unfavorable (U).