The Following Materials Standards Have Been Established for a Particular

question 404

Multiple Choice

The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month:
What is the materials quantity variance for the month?

• A) $9,940 Unfavorable
• B) $15,351 Unfavorable
• C) $14,484 Unfavorable
• D) $10,535 Unfavorable

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Definitions:

Electronic Banking

The use of computer networks and digital technologies to conduct financial transactions and access banking services.

On-us Item

A check or draft that is drawn on the same bank or one of its branches where it is being presented for payment.

Negotiable Instrument

A formal document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee's name either mentioned or left blank.

Uniform Commercial Code

A complete collection of regulations that oversee every business transaction within the United States.