What is the material usage variance for bender corporation

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Question - Bender Corporation produced 100 units of Product AA. The total standard and actual costs for materials and direct labor for the 100 units of AA are as follows:

Materials: Standard Actual

Standard: 210 pounds at $12.00 per pound $2,520

Actual: 240 pounds at $12.85 per pound $3,084

Direct labor:

Standard: 400 hours at $15.00 per hour 6,000

Actual: 368 hours at $16.50 per hour 6,072

What is the material usage variance for Bender Corporation?

Reference no: EM132078435

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