menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Cost Accounting Study Set 1
  4. Exam
    Exam 16: Fundamentals of Variance Analysis
  5. Question
    The Following Data Pertains to the Direct Materials Cost for the Month
Solved

The Following Data Pertains to the Direct Materials Cost for the Month

Question 63

Question 63

Multiple Choice

The following data pertains to the direct materials cost for the month of October: The following data pertains to the direct materials cost for the month of October:   What is the direct materials efficiency (quantity) variance? A) $950 favorable. B) $950 unfavorable. C) $1,000 favorable. D) $1,000 unfavorable. What is the direct materials efficiency (quantity) variance?


A) $950 favorable.
B) $950 unfavorable.
C) $1,000 favorable.
D) $1,000 unfavorable.

Correct Answer:

verifed

Verified

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

Related Questions

Q3: If the budgeted activity level is greater

Q7: Which one of the following variances is

Q50: Both the actual material used and the

Q53: The materials price variance is computed by

Q61: Given the following information in standard costing:

Q67: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2418/.jpg" alt=" What is the

Q74: Variances are the difference between actual results

Q98: Which of these variances is least significant

Q129: When using a flexible budget, what will

Q131: A favorable variance is not necessarily good,and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines