Leonesio Corporation Makes a Product That Uses a Material with the Following

question 13

Multiple Choice

Leonesio Corporation makes a product that uses a material with the following standards: The company budgeted for production of 3,100 units in August, but actual production was 3,200 units. The company used 27,600 kilos of direct material to produce this output. The company purchased 29,000 kilos of the direct material at a total cost of $118,900. The direct materials purchases variance is computed when the materials are purchased.The materials quantity variance for August is:

• A) $5,576 Favorable
• B) $5,576 Unfavorable
• C) $5,440 Favorable
• D) $5,440 Unfavorable

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Definitions:

Long-Term Romantic Partners

Individuals involved in a sustained romantic relationship characterized by emotional and often legal ties.

Empty Nest

A phase in parents' lives when their children have grown up and left home to pursue their own lives, often leading to feelings of loneliness or loss.

Unemployment

The condition of being without a job despite being willing and able to work, often measured as a percentage of the labor force.

Clinically Depressed

Refers to a person diagnosed with major depression, characterized by a persistent feeling of sadness or a lack of interest in external stimuli.