During September, the Company produced 45,660 units using 62,483 pounds purchased at 0.05 per pound....
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Accounting
During September, the Company produced 45,660 units using 62,483 pounds purchased at 0.05 per pound. The standard price per pound is $.01 and the standard quantity is 18 pounds per unit. Calculate the Material Quantity Variance to the nearest one dollar. If the variance is favorable, put - sign in from of the answer. If the variance is unfavorable, leave the answer positive. As always, leave out all commas and dollar signs. f
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