Solved

Roberts Company Uses a Standard Costing System

Question 115

Multiple Choice

Roberts Company uses a standard costing system.The following information pertains to direct materials for the July: Roberts Company uses a standard costing system.The following information pertains to direct materials for the July: Roberts Company reports its material price variances at the time of purchase.What is the material usage variance for Roberts Company? A) $900 F B) $1,950 F C) $2,850 F D) $900 U Roberts Company reports its material price variances at the time of purchase.What is the material usage variance for Roberts Company?


A) $900 F
B) $1,950 F
C) $2,850 F
D) $900 U

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q81: Engineering studies are often too rigorous and

Q83: An accountant would refer to a cost

Q106: The standard cost sheet provides the input

Q110: Figure 10-5. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5268/.jpg" alt="Figure 10-5.

Q112: DuRoss Company produces coats.The company uses a

Q114: The materials price variance is computed using

Q119: Acme Brick Company uses the following rule

Q120: Figure 10-7. During April,a small roofing company

Q148: Standard costs are developed for direct materials,

Q157: The standard unit cost is developed before