Multiple Choice
Scorpion Production Company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However the plastic actually cost $80 per yard. The company actually made 3900 units although it had planned to make only 3300 units. Total yards used for production were 3960. How much is the total materials variance?
A) $48600 U
B) $4860 U
C) $3960 F
D) $900 U
Correct Answer:
Verified
Correct Answer:
Verified
Q234: Standard costs may be used by<br>A) universities.<br>B)
Q235: The standard number of hours that should
Q236: Overhead data for Glazier Inc. are given
Q237: An unfavorable labor quantity variance indicates that
Q238: The following information was taken from
Q239: Which one of the following describes the
Q240: Debit balances in variance accounts represent<br>A) unfavorable
Q242: The standard quantity allowed for the units
Q243: Dillon has a standard of 2 hours
Q244: Using standard costs<br>A) can make management planning