Multiple Choice
Scarlett Company has a direct material standard of 3 gallons of input at a cost of $5 per gallon. During July, Scarlett Company purchased and used 7,500 gallons. The direct materials quantity variance was $750 unfavorable and the direct materials price variance was $3,000 favorable. How many units were produced?
A) 2,450 units
B) 2,500 units
C) 7,350 units
D) 7,500 units
Correct Answer:
Verified
Correct Answer:
Verified
Q19: Delaware Corp.prepared a master budget that included
Q20: Branch Corp.uses a standard cost system to
Q32: Melrose Inc.uses standard costing.Last period,its flexible budget
Q56: Which of the following types of standards
Q65: A budget depends upon:<br>A) only the level
Q67: The direct material quantity variance is the
Q71: Exeter has a material standard of 1
Q74: Willow Inc. has provided the following information:
Q75: Tulip Inc. uses standard costing, and its
Q109: Warner Co.has budgeted fixed overhead of $150,000.Practical