Homework Answers
Materials Quantity Variance
= (AQ-SQ) *SP
= (20,000 - 16,000)*17
= 4000 * 17
= 68,000 Unfavorable
Option B is the answer
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2. What is the materials quantity variance for March?
(Indicate the effect of each variance by selecting "F" for
favorable, "U" for unfavorable, and "None" for no effect (i.e.,
zero variance.). Input the amount as a positive
value.)
3. What is the materials price variance for March?
(Indicate the effect of each variance by selecting "F" for
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