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Business, 04.06.2020 14:08 chodister353

The company produced 5,600 units during the month. A total of 14,700 pounds of material were purchased at a cost of $41,160.There was no beginning inventory of materials on hand to start the month; at the end of the month, 2,940 pounds of material remained in the warehouse. During March, 3,000 direct labor-hours were worked at a rate of $19.50 per hour. Variable manufacturing overhead costs during March totaled $6,950. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for March is:

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