Swifty Company has a materials price standard of $2.40 per kilogram. 3990 kilograms of materials...

60.1K

Verified Solution

Question

Accounting

Swifty Company has a materials price standard of $2.40 per kilogram. 3990 kilograms of materials were purchased at $2.10 a kilogram. The actual quantity of materials used was 3630 kilograms, although the standard quantity allowed for the output was 3530 kilograms. Swifty Company's total materials variance is

A) $100 F.

B)$8513 U.

C)$9570 U.

D)$957 F.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students