Fluegge Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials 5.7liters$5.40per literDirect labor 0.70hours$20.60per hourVariable manufacturing overhead 0.70hours$5.50per hour?The company has reported the following actual results for the product for December: Actual output 4,100unitsRaw materials purchased 25,100litersActual price of raw materials$4.80per literActual cost of raw materials purchased$120,480 Raw materials used in production 23,360litersActual direct labor-hours 2,700hoursActual direct labor rate$21.20per hourActual direct labor
cost$57,240 Actual variable overhead rate$5.90per hourActual variable overhead cost$15,930 ?The raw materials quantity variance for the month is closest to:
A. $54 U
B. $54 F
C. $48 F
D. $48 U
Answer: B
Business
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