ToolTime has a standard of 1.5 pounds of materials per unit, at $4 per pound. In producing 2,000 units, ToolTime used 3,100 pounds of materials at a total cost of $12,090. ToolTime's total variance is
A) $300 F.
B) $90 U.
C) $310 U.
D) $400 U.

Question

Quizplus · Accepted Answer

The Answer of ToolTime has a standard of 1.5 pounds of materials per unit, at $4 per pound. In producing 2,000 units, ToolTime used 3,100 pounds of materials at a total cost of $12,090. ToolTime's total variance is
A) $300 F.
B) $90 U.
C) $310 U.
D) $400 U.

ToolTime Has a Standard of 1