Solved

The Following Materials Standards Have Been Established for a Particular

Question 169

Multiple Choice

The following materials standards have been established for a particular product: The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: \begin{array}{ll} \text {Actual materials purchased }&6,600 & \text { Pounds } \\ \text {Actual cost of materials purchased }&\$ 91,740 & \\ \text {Actual materials used in production. }&5,900 & \text { Pounds } \\ \text {Actual output. }&1,000 & \text { Units } \end{array} What is the materials quantity variance for the month? A) $19,460 F B) $9,730 U C) $10,115 U D) $20,230 F The following data pertain to operations concerning the product for the last month: Actual materials purchased 6,600 Pounds Actual cost of materials purchased $91,740Actual materials used in production. 5,900 Pounds Actual output. 1,000 Units \begin{array}{ll}\text {Actual materials purchased }&6,600 & \text { Pounds } \\\text {Actual cost of materials purchased }&\$ 91,740 & \\\text {Actual materials used in production. }&5,900 & \text { Pounds } \\\text {Actual output. }&1,000 & \text { Units }\end{array} What is the materials quantity variance for the month?


A) $19,460 F
B) $9,730 U
C) $10,115 U
D) $20,230 F

Correct Answer:

verifed

Verified

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

Related Questions

Q3: Hickory Corporation, which produces commercial safes, has

Q17: Kibodeaux Corporation makes a product with the

Q69: Fraize Corporation makes a product that uses

Q71: Caquias Corporation makes a product with the

Q96: The following labor standards have been

Q100: Arrow Industries uses a standard cost system

Q122: Marten Corporation makes a product with the

Q148: The Geurtz Company uses standard costing. The

Q150: Lafountaine Manufacturing Corporation has a standard cost

Q153: Pikus Corporation makes a product that has