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Assume that the standard cost to make one unit of product

Assume that the standard cost to make one unit of product includes 15 units of raw materials at a price of $3 per unit. In July, 34,000 units of raw materials were purchased for $100,800, and 30,600 units of raw materials were used to produce 2,000 units of finished product.

What is the materials quantity variance?

Select one:

A. $2,400 (U)B. $1,800 (U)C. $1,200 (U)D. $1,200 (F)

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Accounting Basics: Assume that the standard cost to make one unit of product

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Accounting Basics: Assume that the standard cost to make one unit of product

Reference No:- TGS02553766

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