During June, Cisco Company produced 12,000 chainsaw blades. The standard quantity of material allowed per unit was 1.5 pounds of steel per blade at a standard cost of $8 per pound. The actual cost was $7 per pound. The actual pounds of steel that Cisco purchased were 19,500 pounds. Calculate Cisco's materials usage variance
A) $10,500 U
B) $12,000 F
C) $12,000 U
D) $10,500 F
C
Business
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