Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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What is the direct materials quantity variance on these general accounting question?

Charleston Inc. has a material standard of 3.2 pounds per unit of
output. Each pound has a standard price of $12 per pound. During
March, Charleston Inc. paid $49,680 for 4,900 pounds, which were
used to produce 1,450 units.
What is the direct materials quantity variance?
a. $3,120 unfavorable
b. $8,640 favorable
c. $12,540 favorable
d. $9,400 unfavorable
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Transcribed Image Text:Charleston Inc. has a material standard of 3.2 pounds per unit of output. Each pound has a standard price of $12 per pound. During March, Charleston Inc. paid $49,680 for 4,900 pounds, which were used to produce 1,450 units. What is the direct materials quantity variance? a. $3,120 unfavorable b. $8,640 favorable c. $12,540 favorable d. $9,400 unfavorable
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