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Using the information provided, calculate the direct materials quantity variance. Standard price $3.00 per pound Actual price: $3.20 per pound Actual quantity used: 5,200 pounds Standard quantity allowed: 5,000 pounds

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Based on the actual quantity used and the standard quantity allowed, the direct materials quantity variance is $600 Unfavorable.

What is the direct material quantity variance?

This can be found by the formula:

= (Standard Quantity allowed - Actual quantity used) x Standard price

Solving gives:

= (5,000 - 5,200) x 3

= $600 Unfavorable

In conclusion, the variance is unfavorable because the standard quantity is lower than the actual quantity.

Find out more on material quantity variance at https://brainly.com/question/15083738.

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