Vaughn Manufacturing has a materials price standard of $2.00 per pound. 4900 pounds of materials were purchased at $2.20
Posted: Thu May 19, 2022 1:45 pm
Vaughn Manufacturing 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 3700 pounds.
Vaughn Manufacturing's total materials variance is
A. $3620 U.
B. $3620 F.
C. $3380 F.
D. $3380 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 3700 pounds.
Vaughn Manufacturing's total materials variance is
A. $3620 U.
B. $3620 F.
C. $3380 F.
D. $3380 U.