Send Emad.. 11259.201 xyEl connect https:/ true& returnUrl: https%3A%25%a paamwe

Question

Send Emad.. 11259.201 xyEl connect https:/ true& returnUrl: https%3A%25%a paamweb%2Findexhtml%23%2Feegitra o Quiz Price or Kate Direct materials Direct labor Variable overhead 8.5 kilos 8.4 hours 0.4 hours s 6.00 per kilo $28.00 per hour s 6.00 per hour The company reported the following results concerning this product in August Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost 3,200 units 29,030 kilos 31,600 kilos 1,160 hours $195,920 $ 22,736 $7,548 purchased The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are The materials quantity variance for August is: $11,346 F

Explanation / Answer

Material Quantity Variance = (Standard quantity for actual production - Actual Quantity) * Standard rate

Standard quantity for actual production = 3200 *8.5 kilos = 27200

= (27200-29030 )* $ 6

= $10980 (adverse)

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