Use the Following Data That Relate to Product No

question 53

Multiple Choice

Use the following data that relate to product no. 89 of Mansion Corporation to answer the following Questions
Direct material standard: 3 square feet at $2.50 per square foot
Direct material purchased: 30,000 square feet at $2.60 per square foot
Direct material consumed: 29,200 square feet
Manufacturing activity: 9,600 units completed

Assume that the company computes variances at the earliest point in time.

-The direct-material price variance is:

• A) $2,880U.
• B) $2,920F.
• C) $2,920U.
• D) $3,000F.
• E) $3,000U.

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Definitions:

Choroid

The middle layer of the eye, which contains the iris, the ciliary body, and most of the eye’s blood vessels.

Ciliary Body

A wedge-shaped thickening in the middle layer of the eyeball that contains the muscles that control the shape of the lens.

Sclera

The tough, outermost layer, or “white,” of the eye, through which light cannot pass; covers all except the front of the eye.

Sclera

The white outer layer of the eyeball, providing protection and structure to the eye.