Accounting cost variance

timer Asked: May 6th, 2015

Question description

Standard cost per unit 3 pounds at $2 per unit

Actual cost per unit  2.5 pounds at $3 per unit 

6000 pounds of raw materials purchased during the month. 2,000 units were manufactured during the month and 5000 pounds of raw material were used in production. What is the direct material quantity variance? 

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