# Material quantity variance

Following material standards for a raw material used in a company's sole product

standard quantity per unit of output 1.0 pound

standard price $16.60 per pound

The following data pertain to operations concerning the product for the last month:

actual materials purchased 2,200 pounds

actual cost of materials purchased $34,650

actual materials used in production 1900 pounds

actual output 2100 units

What is the materials quantity variance for the month?

A 3320 F

B 3150 F

C 4980 U

D 4725 U

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#### Solution Preview

Material Quantity variance = (Actual Quantity - Standard Quantity) X ...

#### Solution Summary

The solution explains how to calculate the material quantity variance

$2.19