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18 November, 08:56

he Strawberry Mansion Company reported the following: Standard quantity per unit 3 lbs Standard price per pound $2.75 Actual pounds used 15,000 lbs Actual price per pound $3.00 Number of units produced 4,900 Determine the direct materials quantity variance.

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  1. 18 November, 10:42
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    Direct Material Quantity Variance = 825 Unfavourable

    Step-by-step explanation

    Direct Material Quantity Variance =

    (Actual Quantity used - Standard Quantity allowed) * Standard price per unit

    {15000 - (3lbs * 4900units) } * $2.75

    { 15000-14700 } * 2.75

    Direct Material Quantity Variance = 825 unfavourable

    This is unfavourable as the company had 14700 lbs available but instead the company actually used 15000 lbs.
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