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ToolTime Has a Standard of 1

Question 102

Multiple Choice

ToolTime has a standard of 1.5 pounds of materials per unit, at $4 per pound. In producing 2,000 units, ToolTime used 3,100 pounds of materials at a total cost of $12,090. ToolTime's materials quantity variance is


A) $90 F.
B) $310 U.
C) $400 U.
D) $700 U.

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