Ansted
Dec 9, 2011, 02:23 PM
Greenleaf's flexible budget for June, based on actual output, called for the use of 10,000 sq ft of materials at a standard cost of $9.90 per sq ft. Company records show that the actual price paid for materials used in June were $9.70 per sq foot and that the direct material variance price variance for the month was $2,090 favorable. The materials quantity variance for Greenleaf's June operation is what?
1,000 favorable
4,455 unfavorable
4,365 favorable
Impossible to determine from the data given
1,000 favorable
4,455 unfavorable
4,365 favorable
Impossible to determine from the data given