Solved

Use the Information Below to Answer the Following Question(s)

Question 184

Multiple Choice

Use the information below to answer the following question(s) .The following data for a pottery company pertain to the production of 2,000 clay pots during July.Direct Materials (all materials purchased were used) :
Use the information below to answer the following question(s) .The following data for a pottery company pertain to the production of 2,000 clay pots during July.Direct Materials (all materials purchased were used) : Direct Manufacturing Labour: -What is the direct materials rate variance for the clay pots? A) $560 unfavourable B) $560 favourable C) $800 unfavourable D) $800 favourable E) $1,040 favourable Direct Manufacturing Labour:
Use the information below to answer the following question(s) .The following data for a pottery company pertain to the production of 2,000 clay pots during July.Direct Materials (all materials purchased were used) : Direct Manufacturing Labour: -What is the direct materials rate variance for the clay pots? A) $560 unfavourable B) $560 favourable C) $800 unfavourable D) $800 favourable E) $1,040 favourable
-What is the direct materials rate variance for the clay pots?


A) $560 unfavourable
B) $560 favourable
C) $800 unfavourable
D) $800 favourable
E) $1,040 favourable

Correct Answer:

verifed

Verified

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

Related Questions

Q69: Describe the purpose of variance analysis.

Q180: Use the information below to answer the

Q181: If a purchasing agent is able to

Q182: If a company has a favourable efficiency

Q183: Use the information below to answer the

Q185: The direct materials mix variance is the<br>A)average

Q186: Which of the following statements about benchmarks

Q187: The input standard cost per completed unit

Q188: Standards differ from budget amounts because standards

Q189: Performance variance analysis can be used in