Bradford Company budgeted 4,050 pounds of material costing $5.1 per pound to produce 2,025 units. The company actually used 5,000

Bradford Company budgeted 4,050 pounds of material costing $5.1 per pound to produce 2,025 units. The company actually used 5,000 pounds that cost $5.2 per pound to produce 2,100 units.

What is the direct materials quantity variance?

	$4,080 favorable
	$2,955 unfavorable
	$405 unfavorable
	$500 unfavorable
	$4,080 unfavorable

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Bradford Company budgeted 4,050 pounds of material costing $5.1 per pound to produce 2,025 units. The company actually used 5,000 pounds that cost $5.2 per pound to produce 2,100 units.
What is the direct materials quantity variance?

Materials usage/quantity variance = (Actual Quantity Used- Standard Quantity)Standard Price

Materials usage/quantity variance = (5000 - 4050/2025 * 2100)*5.10

Materials usage/quantity variance = $ 4080 Unfavorable

Answer
E) $4,080 unfavorable