Multiple Choice
Refer to Risco Company. Suppose the actual cost was $87 per kilogram and the company purchased 27,500 kg of steel. All materials purchased were used. What is the materials usage variance?
A) $13,500 U
B) $13,500 F
C) $10,500 U
D) $10,500 F
Correct Answer:

Verified
Correct Answer:
Verified
Q152: The actual quantity of input at the
Q153: Allan Company<br>Allan Company manufactures overalls. During
Q154: Which variance is the difference between the
Q155: During September, a small roofing company purchased
Q156: Serenity Equestrian Corporation<br>Serenity Equestrian Corporation produces
Q158: Match each of the following calculations with
Q159: Match each of the following terms with
Q160: Appliance Company inspects every steam iron it
Q161: The sum of the material price variance
Q162: Ponte Company produced 2,500 widgets during December