Albertville has a material standard of 1 pound per unit of output. Each pound has...
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Accounting
Albertville has a material standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July, Albertville paid $132,200 for 4,950 pounds, which they used to produce 4,700 units. What is the direct materials quantity variance?
a.
$3,500 unfavorable
b.
$2,600 favorable
c.
$6,500 unfavorable
d.
$9,100 unfavorable
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