Solved

A Company Purchases 20000 Pounds of Materials

Question 71

Multiple Choice

A company purchases 20000 pounds of materials. The materials price variance is $4000 favorable. What is the difference between the standard and actual price paid for the materials?


A) $1.00
B) $0.20
C) $5.00
D) Cannot be determined from the data provided.

Correct Answer:

verifed

Verified

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

Related Questions