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What abc materials quantity variance for week was

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Question 1: ABC Inc. has the following direct materials standard to manufacture one face mask: 0.2 pounds per mask at $3.00 per pound. Last week, 1,300 pounds of materials were purchased and used to make 5,000 masks. The materials cost a total of $4,150. ABC's materials quantity variance (MQV) for week was:

Option 1: $900 favorable.

Option 2: $700 unfavorable.

Option 3: $900 favorable.

Option 4: $900 unfavorable.

Reference no: EM132572596

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