The Fletcher Company Uses Standard Costing What Was the Standard Quantity of Material Allowed for October

question 146

Multiple Choice

The Fletcher Company uses standard costing.The following data are available for October: $\begin{array} { l r } \text { Actual quantity of direct materials used } & 23,500 \text { kilograms } \\\text { Standard price of direct materials } & \$ 2 \text { per kilogram } \\\text { Materials quantity variance } & \$ 1,000 \text { favourable }\end{array}$ What was the standard quantity of material allowed for October production?

• A) 23,000 kilograms.
• B) 24,000 kilograms.
• C) 24,500 kilograms.
• D) 25,000 kilograms.

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Definitions:

Marketing Plans

Detailed strategies outlining the advertising, targeting, and selling efforts for a product or service, designed to achieve specific financial and market share goals.

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