Multiple Choice
During April, 80,000 units of product were produced. The standard quantity of material allowed per unit was two pounds at a standard cost of £5 per pound. If there was a favorable materials usage variance of £40,000 for April, the actual quantity of materials used must have been
A) 168,000 pounds
B) 152,000 pounds
C) 84,000 pounds
D) 76,000 pounds
Correct Answer:
Verified
Correct Answer:
Verified
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