Etcher company collected the following data regarding production of one of its products. compute the direct materials quantity variance
direct materials standard (6 įbs. e $2/lb.) s 12 per finished unit
actual direct materials used 279,300 ibs
actual finished units produced 46,000 units
actual cost of direct materials used $556,110
multiple choice
a. $2.490 favorable.
b. $4,110 unfavorable.
c. $6,600 unfavorable.
d. $2,490 unfavorable.
e. $4,110 favorable.

Direct material quantity variance

= (Standard quantity - Actual quantity used) x Standard price

= (6 x 46,000 - 279,300)  x $2

= $6,600(A)

The correct answer is C                                                                                                                                                                                                                                                                                                                                                                                            

Explanation:

Direct material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price.

u = 30

continuing your method

= +

subtract from both sides

= - thus

= -

= ⇒ u = 30

answer; read and consider the content of the items;