Vin Corporation Has the Following Data Related to 100 Units

question 15

Multiple Choice

Vin Corporation has the following data related to 100 units of final product: $\begin{array} { l } \text {Materials: }\\ \text {Standard: }& \text { 300 pounds at \( \$ 3.00 \) per pound}\\ \text { Actual:}& \text {280 pounds at \( \$ 2.75 \) per pound }\\\end{array}$

What is the material usage variance for Vin Corporation?

• A)$60 favorable
• B)$60 unfavorable
• C)$55 favorable
• D)$55 unfavorable

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