The materials quantity variance for the period is:
A)$950 U
B)$5,000 F
C)$1,000 U
D)$6,000 F

Question

Quizplus · Accepted Answer

Without knowing the actual quantity of materials used, we cannot accurately determine if the variance is favorable or unfavorable, so we cannot choose options A or B. Option D is incorrect because a variance of $6,000 F would indicate that more materials were used than expected, and therefore the variance would be unfavorable. Option C is the best choice because it indicates a variance of $1,000 U, which means that less materials were used than expected, and therefore the variance is favorable.

The Materials Quantity Variance for the Period Is