Keller Company Has a Materials Price Standard of $2

question 189

Multiple Choice

Keller Company has a materials price standard of $2.00 per pound. Five thousand pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 5,000 pounds, although the standard quantity allowed for the output was 4,500 pounds.
Keller Company's materials price variance is

• A) $100 U.
• B) $1,000 U.
• C) $900 U.
• D) $1,000 F.

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Definitions:

Educational Demands

The requirements, expectations, and workload placed on students by educational systems, often reflecting academic standards and goals.

Friendships

Mutual affectionate relationships between two or more individuals, characterized by trust, support, and communication.

Protection

Measures or actions taken to guard against harm, loss, or unwanted access, ensuring safety and security.

Stress

The body's response to any demand or challenge, which can be physical, mental, or emotional.