The Following Materials Standards Have Been Established for a Particular

question 396

Multiple Choice

The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: What is the materials price variance for the month?

• A)$3,141 U
• B)$2,025 U
• C)$8,600 U
• D)$8,725 U

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Definitions:

Pounds

A unit of currency used in the United Kingdom and other British territories, also known as GBP (Great Britain Pounds).

Apples

The edible fruit of the apple tree, widely cultivated in temperate climates.

Pears

A sweet, bulbous fruit with a wide bottom and a tapering top, often green, yellow, or red, cultivated worldwide.

Miles

A unit of distance measurement equal to 5,280 feet or approximately 1.609 kilometers.