Sole Purpose manufactures beach shoes that use a canvas as the main raw material.Data related to the shoes for June follows:

What is the materials quantity variance for canvas for June?

Question

Sole Purpose manufactures beach shoes that use a canvas as the main raw material.Data related to the shoes for June follows:

What is the materials quantity variance for canvas for June?

Quizplus · Accepted Answer

B)
Material Quantity Variance = (Actual Quantity (AQ)- (Standard Quantity × Actual Units))× Standard Price (SP)
$2,100 F = (16,000 - (4.5 × 3,600))× $10.50

Sole Purpose Manufactures Beach Shoes That Use a Canvas as the Main