Waterway Industries has a materials price standard of $2.00 per pound. 4900 pounds of materials were purchased at $2.20
Posted: Thu May 19, 2022 1:38 pm
Waterway Industries has a materials price standard of
$2.00 per pound. 4900 pounds of materials were
purchased at $2.20 a pound. The actual quantity of materials
used was 4900 pounds, although the standard quantity
allowed for the output was 4300 pounds.
Waterway Industries's materials quantity variance is
A. $1200 F.
B. $1320 F.
C. $1200 U.
D. $1320 U.
$2.00 per pound. 4900 pounds of materials were
purchased at $2.20 a pound. The actual quantity of materials
used was 4900 pounds, although the standard quantity
allowed for the output was 4300 pounds.
Waterway Industries's materials quantity variance is
A. $1200 F.
B. $1320 F.
C. $1200 U.
D. $1320 U.