Figure 3
Tuvok Ltd. has developed the following standards for one of its products:

-Refer to Figure 3. Tuvok's materials usage variance is
A) £1,000 unfavorable
B) £1,100 unfavorable
C) £2,000 unfavorable
D) cannot be determined from the information given

Question

Figure 3
Tuvok Ltd. has developed the following standards for one of its products:
 
-Refer to Figure 3. Tuvok's materials usage variance is
A) £1,000 unfavorable 
B) £1,100 unfavorable 
C) £2,000 unfavorable 
D) cannot be determined from the information given

Quizplus · Accepted Answer

Tuvok's actual materials usage was £1,000 more than the standard usage, and the standard price was £1 per unit. Therefore, the materials usage variance is £1,000 unfavorable.

Figure 3 Tuvok Ltd. Has Developed the Following Standards for One of One