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12 February, 16:46

Bradford company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. the company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. what is the direct materials quantity variance

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  1. 12 February, 17:23
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    Budgeted direct materials quantity

    4000 pounds

    Actual direct materials quantity

    4500 pounds

    Direct materials quantity variance

    4500-4000=500 pounds (underapplied)
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