Solved

The Following Data Pertains to the Direct Materials Cost for the Month

Question 62

Multiple Choice

The following data pertains to the direct materials cost for the month of October: What is the direct materials efficiency (quantity) variance?


A) $950 favorable
B) $950 unfavorable
C) $1,000 favorable
D) $1,000 unfavorable
E) $50 unfavorable

Correct Answer:

verifed

Verified

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

Related Questions

Q28: If the budgeted activity level is greater

Q58: Tub Company uses a standard cost system.The

Q61: What is the sales revenue in the

Q63: What is the master budget sales revenue?<br>A)$124,000.<br>B)$148,000.<br>C)$156,000.<br>D)$180,000.

Q64: Given the following information in standard costing:

Q65: What is the master budget contribution margin?<br>A)$52,000.<br>B)$47,500.<br>C)$45,000.<br>D)$39,000.

Q66: What is the direct labor efficiency variance

Q67: The slope of the flexible budget-line is

Q76: It is possible to have a favorable

Q129: When using a flexible budget, what will