A company makes a product using two materials, one of which is interchangeable with a third material. The standards for producing one 200-pound batch are presented below. The last 200-pound batch was produced using 140 pounds of M and 90 pounds of O. The price of M was $0.03 per pound and the actual price of O was $0.10.MaterialStandard Quantity (lbs) StandardCost/lb. Total CostO 0 $0.10 $0 H 80 0.08 6.40 M 120 0.02 2.40 200 $8.80 What is the material yield variance?
A. $3.00.
B. $1.32.
C. $1.68.
D. $1.12.
Answer: B
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