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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