Reference no: EM132743859

The following materials standards have been established for a product:

Standard quantity per unit of output 1.9grams

Standard price $18.00per gram

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

Actual materials purchased 5,800grams

Actual cost of materials purchased $108,460

Actual materials used in production 5,200grams

Actual output 2,700units

Problem 1: What is the materials quantity variance for the month?

Multiple Choice

Option 1: $1,260 U.
Option 2: $1,309 U.
Option 3: $10,800 U.
Option 4: $11,220 U.