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A company budgeted 1,200 washers, but only 1,000 are produced. It costs $10 to produce a widget. What is the materials variance?

Latest Update on 14th July, 2022 by Certification Course Answers
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A company budgeted 1,200 washers, but only 1,000 are produced. It costs $10 to produce a widget. What is the materials variance?

  1.  200
  2.  2000
  3.  350
  4.  20

Correct Answer:

  •  200

 

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