Posted: May 17th, 2017
Greenleaf’s flexible budget for June, based on actual output, called for the use of 10,000 square feet of materials at a standard cost of $9.90 per square foot. Company records show that the actual price paid for the materials used in June was $9.70 per square foot, and that the direct materials price variance for the month was $2,090 favorable. The materials quantity variance for Greenleaf’s June operations was:
A. $1,000 favorable.
B. $4,455 unfavorable.
C. $4,365 favorable.
D. Impossible to determine from the data given.
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