A company has established 6 pounds of Maternal at s3 perpou

A company has established 6 pounds of Maternal / at s3 perpound as the standard for the materta ints Product2 The company has st produced 1,100 un tso this product using 6,800 pounds Material hat cost $19.480. The direct materlals quantty warlance s O $320 favorable O$600 unfavorable O $920 unfavorable. s600 favorable $920 favorable

Solution

Answer is $ 600 Unfavorable Explanation; Std qty of material for one unit of output: 6 pounds Actual output: 1100 units Std qty of material: 6*1100 = 6600 pounds Std price per pound: $3 Actual qty used: 6800 pounds Material Qty variance: Std price (Std Quantity-Actual Quantity) 3 (6600-6800) = $ 600 Unfavorable