Use the Following Information for Questions

question 63

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 price variance for last month?

• A)$12,100 favourable
• B)$100 favourable
• C)$12,100 unfavourable
• D)$100 unfavourable

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Definitions:

Encoding Processes

Cognitive operations involved in transforming sensory information into a form that can be stored and recalled from memory.

Shallowly

Shallowly describes actions or processes that lack depth, insight, or thoroughness, often leading to superficial outcomes or understandings.

Non-linguistic

Pertaining to communication or representation that does not involve language, such as facial expressions or gestures.

Braggart

A Braggart is someone who boasts about achievements or possessions excessively and arrogantly.