Multiple Choice
Carskadon Corporation makes a product that uses a material with the following direct material standards: The company produced 3,000 units in December using 6,270 pounds of the material. During the month, the company purchased 7,100 pounds of the direct material at a total cost of $13,490. The direct materials purchases variance is computed when the materials are purchased.
-The materials price variance for December is:
A) $710 F
B) $710 U
C) $660 F
D) $660 U
Correct Answer:

Verified
Correct Answer:
Verified
Q21: The Geurtz Company uses standard costing. The
Q22: An unfavorable direct labor efficiency variance could
Q23: Hurren Corporation makes a product with the
Q24: Cuda Corporation makes a product that uses
Q25: The following standards for variable overhead have
Q27: Which department should usually be held responsible
Q28: Kibodeaux Corporation makes a product with the
Q29: Dowen Corporation applies manufacturing overhead to products
Q30: The Thompson Company uses standard costing and
Q31: Variable manufacturing overhead is applied to products