Backyard Creations purchased 7,000 feet of copper tubing at a price of $2.70 per foot and used 7,200 feet during the period. The standard quantity allowed for the units produced is 7,300 and the standard price of the copper tubing is $2.50 per foot. What is Backyard Creations’ direct materials quantity variance for the period?

Question

Quizplus · Accepted Answer

7,300 - 7,200 x $2.50 = $250 favorable.

Backyard Creations Purchased 7,000 Feet of Copper Tubing at a Price