Evaluate what the direct-material quantity variance is

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Reference no: EM132738603

The following data relate to product no. 89 of Peter Corporation:

Direct material standard: 3 square feet at P2.50 per square foot

Direct material purchases: 30,000 square feet at P2.60 per square foot

Direct material consumed: 29,200 square feet

Manufacturing activity, product no. 89: 9,600 units completed

Problem 1: The direct-material quantity variance is:

A. P1,040F.

B. P1,040U.

C. P1,000F

D. P1,000U.

Reference no: EM132738603

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