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Question 33

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The following standard cost information is available for Leah Co.'s only product: Direct material 9 feet at $5.00 per foot. Actual information for July: 2,000 units were produced; 20,000 feet of direct material were purchased at a cost of $92,000 and 19,000 feet of material were used.
-What is the material quantity variance for July?


A) $ 4,500 favorable
B) $ 4,500 unfavorable
C) $ 5,000 favorable
D) $ 5,000 unfavorable

Correct Answer:

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