Multiple Choice
Use the information below to answer the following question(s) .
Sawyer Industries Inc. (SII) , developed standard costs for direct material and direct labour. In 2013, SII estimated the following standard costs for one of their major products, the 30-litre heavy-duty plastic container.
During July, SII produced and sold 10,000 containers using 2,200 kilograms of direct materials at an average actual cost per kilogram of $24 and 1,050 direct manufacturing labour hours at an average actual wage of $14.75 per hour.
-July's direct material price variance is
A) $2,800 favourable.
B) $2,200 favourable.
C) $5,000 unfavourable.
D) $2,200 unfavourable.
E) $2,000 favourable.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: Use the information below to answer the
Q41: Use the information below to answer the
Q42: A favourable direct materials yield variance results
Q44: If a purchasing agent is able to
Q49: Use the information below to answer the
Q50: Which of the following reasons is unlikely
Q110: The flexible-budget variance is the difference between
Q111: The relative amount of inputs used to
Q125: Use the information below to answer the
Q149: Use the information below to answer the