The Vito Company makes tables for which the following standards have been developed: Production of 200 tables was expected in July,but 220 tables were actually completed.Direct materials purchased and used were 2,000 pounds at an actual price of $4.40 per pound.Direct labor cost for the month was $10,620,and the actual pay per hour was $18.00.What is the direct material quantity variance for July?
A)$800 Favorable
B)$800 Unfavorable
C)$880 Favorable
D)$880 Unfavorable

Question

The Vito Company makes tables for which the following standards have been developed:  Production of 200 tables was expected in July,but 220 tables were actually completed.Direct materials purchased and used were 2,000 pounds at an actual price of $4.40 per pound.Direct labor cost for the month was $10,620,and the actual pay per hour was $18.00.What is the direct material quantity variance for July?
A)$800 Favorable 
B)$800 Unfavorable 
C)$880 Favorable 
D)$880 Unfavorable

Quizplus · Accepted Answer

The Answer of The Vito Company makes tables for which the following standards have been developed:  Production of 200 tables was expected in July,but 220 tables were actually completed.Direct materials purchased and used were 2,000 pounds at an actual price of $4.40 per pound.Direct labor cost for the month was $10,620,and the actual pay per hour was $18.00.What is the direct material quantity variance for July?
A)$800 Favorable 
B)$800 Unfavorable 
C)$880 Favorable 
D)$880 Unfavorable

The Vito Company Makes Tables for Which the Following Standards