Patterson Company
the Following Information Is for Patterson Company's July

question 37

Multiple Choice

Patterson Company
The following information is for Patterson Company's July production:
$\begin{array}{l}\text { Standards: }\\\begin{array}{ll}\text { Material } & 3.0 \text { feet per unit@ } \$ 4.20 \text { per foot } \\\text { Labor } & 2.5 \text { hours per unit@ } \$ 7.50 \text { per hour }\end{array}\end{array}$

$\begin{array}{l}\text { Actual: }\\\begin{array}{ll}\text { Production } & 2,750 \text { units produced during the month } \\\text { Material } & 8,700 \text { feet used; } 9,000 \text { feet purchased @ } \$ 4.50 \text { per foo } \\\text { Labor } & 7,000 \text { direct labor hours@ } \$ 7.90 \text { per hour }\end{array}\end{array}$

(Round all answers to the nearest dollar. )
Refer to Patterson Company.What is the material quantity variance?

• A)$3,105 F
• B)$1,050 F
• C)$3,105 U
• D)$1,890 U

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Definitions:

High Impact

Activities, initiatives, or methods that produce significant, often positive, results or changes.

Emergency Response Protocols

These are structured, pre-planned procedures and guidelines designed to be executed in reaction to emergency situations to mitigate harm and ensure safety.

High Chance

Indicates a situation or condition where there is a significant probability or likelihood of an event occurring.

High Impact

Actions, decisions, or events that have a significant effect or influence on a situation.