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:

Structural Power

The form of power that emerges from the structures, systems, and frameworks within societies, governing social interactions and the distribution of resources.

Global Order

The structured system of geopolitical, economic, and cultural relationships and processes that govern the world's functioning.

Global Industry

Economic activities that occur on an international scale, transcending national borders and involving the production, distribution, and marketing of goods and services worldwide.

Tourism

The activity of traveling to places for pleasure and exploration.