Calculate the direct-materials quantity variance


A company recently completed 45,000 units of a product that was expected to consume four pounds of direct material per finished unit. The standard price of the direct material was $8 per pound. If the firm purchased and consumed 186,000 pounds in manufacturing (cost = $1,534,500), the direct-materials quantity variance would be?

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Accounting Basics: Calculate the direct-materials quantity variance
Reference No:- TGS0679956

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