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-What Was the Materials Price Variance for the Month?
A)

question 31

Multiple Choice

 The following materials standards have been established for a particular product:  Standard quantity per unit of output 1.9 grams  Standard price $18.00 per gram \begin{array}{l}\text { The following materials standards have been established for a particular product: }\\\begin{array} { | l | r | } \hline \text { Standard quantity per unit of output } & 1.9 \text { grams } \\\hline \text { Standard price } & \$ 18.00 \text { per gram } \\\hline\end{array}\end{array}
 The following data pertain to operations concerning the product for the last month:  Actual materials purchased 5,800 grams  Actual cost of materials purchased $108,460 Actual materials used in production 5,200 grams  Actual output 2,700 units \begin{array}{l}\text { The following data pertain to operations concerning the product for the last month: }\\\begin{array} { | l | r | } \hline \text { Actual materials purchased } & 5,800 \text { grams } \\\hline \text { Actual cost of materials purchased } & \$ 108,460 \\\hline \text { Actual materials used in production } & 5,200 \text { grams } \\\hline \text { Actual output } & 2,700 \text { units } \\\hline\end{array}\end{array}
-What was the materials price variance for the month?


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