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    Managerial Accounting Study Set 23
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    Exam 10: Standard Costs and Variances
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    A Total of 6,850 Kilograms of a Raw Material Was
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A Total of 6,850 Kilograms of a Raw Material Was

Question 235

Question 235

Multiple Choice

A total of 6,850 kilograms of a raw material was purchased at a total cost of $21,920. The materials price variance was $1,370 favorable. The standard price per kilogram for the raw material must be:


A) $0.20
B) $3.00
C) $3.20
D) $3.40

Correct Answer:

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