Use the Following Information for Questions

question 27

Multiple Choice

Use the following information for questions
A company developed the following per-unit standards for its product: 5 kilograms of direct materials at $3 per kilogram.Last month, 1,000 kilograms of direct materials were purchased for $2,900.Also last month, 700 kilograms of direct materials were used to produce 135 units.
-What was the direct materials quantity variance for last month?

• A)$75 unfavourable
• B)$75 favourable
• C)$900 unfavourable
• D)$900 favourable

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Definitions:

Simple Random Sampling

A statistical sampling technique in which each member of a population has an equal chance of being included in the sample.

Streaming Service

A platform that delivers content, such as music, movies, or television shows, over the internet, enabling users to access it on-demand.

College Students

Individuals engaged in post-secondary education at colleges or universities.

Validity

The extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.