Find swifty corporations materials quantity variance, Accounting Basics

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Find swifty corporations materials quantity variance

Question: Swifty Corporation has a materials price standard of $5 per pound. 4100 pounds of materials were purchased at $5.20 a pound. The actual quantity of materials used was 4100 pounds while the standard quantity allowed for the output was 2100 pounds. Swifty Corporation's materials quantity variance is $10000 U. $10400 U. O $10400 F. O $10000 F.

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Accounting Basics: Find swifty corporations materials quantity variance

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