Multiple Choice
Use the following information to answer questions
In manufacturing its product, City Manufacturing's recipe requires 3 ounces of Material X at a standard cost of $0.20 per ounce. During January 2010, City bought and used 2,000 ounces of Material X at a cost of $0.18 per ounce and made 700 units of product. The company has estimated that it will produce 750 units of product per month.
-What is City's standard quantity of material allowed?
A) 700 ounces
B) 750 ounces
C) 2,000 ounces
D) 2,100 ounces
E) 2,250 ounces
Correct Answer:
Verified
Correct Answer:
Verified
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