Lucy corporation purchased and used 129,000 board feet of lumber in production, at a total cost of $1,548,000. original production had been budgeted for 22,000 units with a standard material quantity of 5.7 board feet per unit and a standard price of $12 per board foot. actual production was 23.500 units the direct materials quantity vanance is a $63,000 favorable b. $59,400 unfavorable c. $63,000 unfavorable d. $59.400 favorable

Direct material quantity variance

= (Standard quantity - Actual quantity) x standard price

= (5.7 x 23500 - 129,000) x $12

= $59,400(F)

The correct answer is B

Explanation:

Direct material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price. Standard quantity is obtained by the product of standard quantity per unit and actual production.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answerdata mart;