Figure 9-1 Bender Corporation produced 100 units of Product AA.The total standard and actual costs for materials and direct labor for the 100 units of Product AA are as follows:

-Refer to Figure 9-1.What is the material usage variance for Bender Corporation?
A) $60 (
B) $60 (
C) $33 (
D) $33 (

Question

Figure 9-1 Bender Corporation produced 100 units of Product AA.The total standard and actual costs for materials and direct labor for the 100 units of Product AA are as follows:
 
-Refer to Figure 9-1.What is the material usage variance for Bender Corporation?
A) $60 (
B) $60 (
C) $33 (
D) $33 (

Quizplus · Accepted Answer

The material usage variance is calculated as the difference between the actual quantity used and the standard quantity allowed, multiplied by the standard price. The variance is unfavorable (U) if more material is used than allowed.

Figure 9-1 Bender Corporation Produced 100 Units of Product AA