Finding what is the materials quantity variance, Accounting Basics

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Finding what is the materials quantity variance

Question:

Standard quantity per unit of output 5.1 grams and standard price $11.95 per gram

The following data pertain to operations concerning the product for the last month:

Actual materials purchased 6,800 grams, actual cost of materials purchased $86,360, Actual materials used in production 6,300 grams and actual output 1,000 units.

What is the materials quantity variance for the month?

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Accounting Basics: Finding what is the materials quantity variance

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