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What the direct material usage variance is

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Reference no: EM132632090

Problem 1: Y operates a standard marginal costing system. The following budgeted and standard cost information is available:

Budgeted production and sales 10,000 units

Direct material cost - 3 kg x $10 $30 per unit

Actual results for the period were as follows:

Production and sales 11,500 units

Direct material - 36,000 kg $342,000

Option 1: The direct material usage variance is

A. $15,000 adverse

B. $14,250 adverse

C. $14,250 favourable

D. $15,000 favourable

Reference no: EM132632090

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