Multiple Choice
A company uses 20000 pounds of materials for which it paid $6.00 a pound. The materials price variance was $15000 unfavorable. What is the standard price per pound?
A) $0.75
B) $5.25
C) $6.00
D) $6.75
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q181: If actual costs are less than standard
Q182: If production exceeds normal capacity the overhead
Q183: All of the following are advantages of
Q184: Standards which represent optimum performance under perfect
Q185: Parnell Company prepared its income statement for
Q187: Alex Co. prepared its income statement for
Q188: Oxnard Industries produces a product that requires
Q189: Standard cost is the industry average cost
Q190: Platt Company produces one product a putter
Q191: Edgar Inc. has a materials price standard