Answer the Following Question(s)using the Information Below

question 103

Multiple Choice

Answer the following question(s) using the information below.Apple Valley Orchards, Inc.(AVO) , developed standard costs for direct material and direct labour.In 2019, AVO estimated the following standard costs for one of their most well loved products, the AVO classic Grandma's large apple pie which had a brown sugar coating on the top of the crust as well as including cranberry and mince ingredients in addition to the apples. During September 2020, AVO produced and sold 1,200 pies using 1,875 kilograms of direct materials at an average cost per kilogram of $7.00 and 280 direct labour hours at an average wage of $14.25 per hour.
-September's direct material flexible-budget variance is

• A)$100.00 unfavourable.
• B)$100.00 favourable.
• C)$75.00 unfavourable.
• D)$75.00 favourable.
• E)$125.00 unfavourable.

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Definitions:

Supplier Scoring

A method used to evaluate and rank suppliers based on various performance metrics to ensure quality and reliability in procurement.

Supplier Selection

The process of evaluating and choosing suppliers based on criteria such as price, quality, delivery time, and service, ensuring the best compatibility and value for the purchasing organization.

Supplier Scoring

A method used to rate and evaluate the performance of suppliers based on various criteria such as delivery time, quality, and cost.

Procurement

The process of finding and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process.