Multiple Choice
An automobile parts company has a standard material price of $2 per pound.In October the company produced 4,500 units using 6,000 pounds of material.The company experienced a favorable materials quantity variance of $1,200.How much is the standard quantity of materials per unit?
A) 1.20 pounds
B) 1 pound
C) 2.4 pounds
D) 1.47 pounds
Correct Answer:
Verified
Correct Answer:
Verified
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