Answer:
$1,200U
Explanation:
Calculation to determine what the total materials variance is
Using this formula
Total materials variance = [(AQ × AP) - (AQ × SP)]
Where;
AQ represent Actual quantity = 6,000 pounds
AP represent Actual price = $2.20
SP represent Standard price = $2
Let plug in the formula
Total materials variance = [(6,000 × $2.20) - (6,000 × $2)]
Total materials variance = [($13,200) - ($12,000)]
Total materials variance = $1,200U
Therefore the total materials variance is $1,200U
