Solution-Calculate materials quantity variance and state

Calculate materials quantity variance and state

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Reference no: EM132890449

Question - The king company produces toilets for nation distribution sanders for partial toilet are:

Materials 9 kg per unit at $2 per kg

During the month of May, the company produced 1000 units. Info for the month follows:

Materials: 10,000 kg were purchased and used at a total cost of 17000

Required -

a) Calculate the materials price variance and state if its favourable or unfavourable?

b) Calculate materials quantity variance and state if its favourable or unfavourable?

c) State one reason why these variances in part a) and b) could be favourable or unfavourable?

Reference no: EM132890449

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Calculate materials quantity variance and state

Reference no: EM132890449

Reference no: EM132890449

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