Wissota Co. has a material standard of 2 pounds per unit of output. Each pound...
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Accounting
Wissota Co. has a material standard of 2 pounds per unit of output. Each pound has a standard price of $12 per pound. During February, Wissota Co. paid $57,220 for 4,840 pounds, which were used to produce 2,400 units. What is the direct materials quantity variance?
| a. | $480 favorable | |
| b. | $9,980 favorable | |
| c. | $9,120 favorable | |
| d. | $1,420 unfavorable |
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