During March, Odle Company purchases and uses 6,600 pounds of materials costing $26,730 to make 3,000 tiles. Odle Company's standard material cost per tile is $8 (2 pounds of material × $4.00).
Instructions
Compute the total, price, and quantity material variances for Odle Company for March.

Question

Quizplus · Accepted Answer

The Answer of During March, Odle Company purchases and uses 6,600 pounds of materials costing $26,730 to make 3,000 tiles. Odle Company's standard material cost per tile is $8 (2 pounds of material × $4.00).
Instructions
Compute the total, price, and quantity material variances for Odle Company for March.

During March, Odle Company Purchases and Uses 6,600 Pounds of Materials