An Automobile Parts Company Has a Standard Material Price of $2

question 122

Multiple Choice

An automobile parts company has a standard material price of $2 per pound.In October the company produced 4,500 units using 6,000 pounds of material.The company experienced a favorable materials quantity variance of $1,200.How much is the standard quantity of materials per unit?

• A)1.20 pounds
• B)1 pound
• C)2.4 pounds
• D)1.47 pounds

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Definitions:

Walker

A tool or device used to assist with mobility, typically a frame that is used by individuals who need additional support to walk.

Crutches

Supportive devices used to aid walking when an individual is unable to use one or both legs fully.

Physical Condition

The state of one's body, in terms of fitness, health, and overall wellbeing.

Swing-To Gait

A mode of walking or gait where both crutches or walking aids are advanced and then the legs swing to meet them, commonly used by individuals with lower limb disabilities.