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Oliver Enterprises has collected the following data for one of its products: Direct materials standard (8 pounds per unit @ $How much is the direct materials quantity​ variance?

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Answer #1

Direct material Quantity Variance = (Actual Quantity used - Standard Quantity) x Standard Price
= (35000 - 208000) x $0.60 = $103800 (F)
Standard Quantity = 26000 x 8 = 208000

Answer is C. $103800 favorable

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