The Following Materials Standards Have Been Established for a Particular

question 127

Multiple Choice

The following materials standards have been established for a particular product:
$\begin{array}{|l|r|}\hline \text { Standard quantity per unit of output } & 4.4 \text { kilograms } \\\hline \text { Standard price } & \$ 13.20 \text { per kilogram } \\\hline\end{array}$
The following data pertain to operations concerning the product for the last month:
$\begin{array}{|l|r|}\hline \text { Actual materials purchased } & 4,800 \text { kilograms } \\\hline \text { Actual cost of materials purchased } & \$ 62,880 \\\hline \text { Actual materials used in production } & 4,300 \text { kilograms } \\\hline \text { Actual output } & 70 \text { units } \\\hline\end{array}$
-What was the materials price variance for the month?

• A) $430 favourable.
• B) $430 unfavourable.
• C) $480 favourable.
• D) $480 unfavourable.

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Definitions:

Compulsion

A psychological condition characterized by the irresistible urge to perform certain actions repeatedly, often associated with obsessive-compulsive disorder.

Unwished-for Images

Intrusive and unwanted visual thoughts or memories that can cause distress, often associated with conditions like PTSD or OCD.

Anxiety

A feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.

Depressed

Experiencing severe despondency and dejection, accompanied by feelings of hopelessness and inadequacy.