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Cibolo Company
Cibolo Company Has the Following Information Available for March

question 63

Multiple Choice

Cibolo Company
Cibolo Company has the following information available for March when 4,200 units were produced (round answers to the nearest dollar) .
 Standards: 4.0 pounds  Material  per unit @ $5.25 per  pound 6.0 hours  Labor  per unit @ $10.00 per  hour \begin{array}{ll}\text { Standards: } &4.0 \text { pounds } \\\text { Material } & \text { per unit @ } \\& \$ 5.25 \text { per } \\& \text { pound } \\& 6.0 \text { hours } \\\text { Labor } & \text { per unit @ } \\& \$ 10.00 \text { per } \\& \text { hour }\end{array}

 Actual:  Material purchased 17,500 pounds @$5.10 Material used 16,700 pounds 25,500 direct1abor hours @ \begin{array}{ll}\text { Actual: } & \\\text { Material purchased } & 17,500 \\& \text { pounds } @ \\& \$ 5.10 \\\text { Material used } & 16,700 \\& \text { pounds } \\25,500 \text { direct1abor hours @ } &\end{array}
$9.85 per hour \$9.85 \text { per hour }






Refer to Cibolo Company.Assume that the company computes the material price variance on the basis of material issued to production.What is the total material variance?


Definitions:

TATA Box

A DNA sequence found in the promoter region of genes, indicating where transcription begins; crucial for gene expression.

Methyl Groups

An alkyl derived from methane, containing one carbon atom bonded to three hydrogen atoms - CH3. It can modify DNA molecules and affect gene expression when added to DNA sequences.

Euchromatic Regions

Areas of chromosomes that are less condensed during interphase, rich in gene activity and accessible for transcription.

Transcriptionally Active

Describing a state in which DNA is being actively copied into RNA by RNA polymerase, indicating active gene expression.

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