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

question 147

Multiple Choice

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

\(k ^ { 3 }\)

Represents the cube of a variable \(k\), equivalent to multiplying \(k\) by itself twice (\(k*k*k\)).

\(k + 8\)

An algebraic expression representing the sum of a variable, \(k\), and the number 8.

\(d = \frac { 3 } { 7 }\)

Represents a specific value of the variable d, which is equal to the fraction three-sevenths.