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Blue Fin Co. produces a product requiring 10 pounds of material at $1.50 per pound. Blue Fin produced 10,000 units of this product during 2009 resulting in a $30,000 unfavorable materials quantity variance. How many pounds of direct material did Blue Fin use during 2011?

A) 120,000 pounds
B) 100,000 pounds
C) 200,000 pounds
D) 145,000 pounds

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9416931

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