Magno Cereal Corporation Uses a Standard Cost System for Its

question 260

Multiple Choice

Magno Cereal Corporation uses a standard cost system for its "crunchy pickle" cereal. The materials standard for each batch of cereal produced is 1.4 pounds of pickles at a standard cost of $3.00 per pound. During the month of August, Magno purchased 78,000 pounds of pickles at a total cost of $253,500. Magno used all of these pickles to produce 60,000 batches of cereal. What is Magno's materials quantity variance for August?

• A) $1,500 Unfavorable
• B) $18,000 Favorable
• C) $19,500 Unfavorable
• D) $54,000 Unfavorable

---

Definitions:

Schizophrenia

A neurological disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Antipsychotic Medication

Drugs used to manage psychosis, including hallucinations and delusions, primarily in conditions like schizophrenia and bipolar disorder.

Schizophrenia

Schizophrenia is a chronic and severe mental disorder that affects how a person thinks, feels, behaves, and perceives reality, often involving hallucinations and delusions.