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    Management and Cost Accounting
  4. Exam
    Exam 17: Standard Costing and Variance Analysis 1
  5. Question
    During December, 6,000 Pounds of Raw Materials Were Purchased at a Cost
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During December, 6,000 Pounds of Raw Materials Were Purchased at a Cost

Question 68

Question 68

Multiple Choice

During December, 6,000 pounds of raw materials were purchased at a cost of £16 per pound. If there was an unfavourable materials price variance of £6,000 for December, the standard cost per pound must be


A) £17.
B) £16.
C) £15.
D) none of the above.

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