The Thompson Company used standard costing and has established the following dir

Question

The Thompson Company used standard costing and has established the following direct material and direct labor standards for each unit Lept. Direct materials: 2 gallons at $4.00 per gallon Direct labor: 0.5 hours at $8 per hour. During September, the company made 6,000 Lepts and incurred the following costs: Direct materials purchased:13,400 gallons at $4.10 per gallon Direct materials used: 12,600 gallons Direct labor used: 2,800 hours at $7.65 per hour The materials quantity variance for September was: a. $2,460 unfavorable b. $5,600 unfavorable c. $2,400 unfavorable d. 5,740 unfavorable

Explanation / Answer

The Thompson Company used standard costing and has established the following dir

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