The Standard Costs and Actual Costs for Direct Materials for the Manufacture

question 125

Multiple Choice

The standard costs and actual costs for direct materials for the manufacture of 3,000 actual units of product are Standard Costs
Direct materials per completed unit) 1,040 kilograms at $8.75
Actual Costs
Direct materials
2,000 kilograms at $8.00
The amount of direct materials price variance is

• A) $2,750 unfavorable variance
• B) $2,750 favorable variance
• C) $1,500 favorable variance
• D) $1,500 unfavorable variance

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Definitions:

Table Design

The process of organizing and presenting data in a tabular format, focusing on readability, accessibility, and effective communication of information.

Visual

Pertaining to sight or the ability to see, often used in the context of images, graphics, or visual aids that support communication.

Bar Charts Guidelines

Instructions or standards for creating bar charts, ensuring they are clear, accurate, and effective in presenting data.

Horizontal Bars

Parallel bars aligned in a horizontal manner used in various contexts, from gymnastics equipment to graphical representations in charts.