6. Table Manufacturing Company produces one style of tables. The following data pertain to producing...

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Accounting

6. Table Manufacturing Company produces one style of tables.

The following data pertain to producing one table

Planned production per month

Units (one table) 100

Place of woods (M) 20

Estimated M price $30

Actual production

Quality purchased (QP) 18

Actual Price (AP) $34

The calculated material quality (volume) variance is

  1. 72 fav

  2. 72 unfav

  3. 60 fav

  4. 60 unfav

  5. 12 fav

  6. 12 u

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