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

question 198

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 quantity variance for the month?


Definitions:

Positive Mood

A state of mind that is characterized by optimism, happiness, and satisfaction, often influencing an individual's outlook and behavior.

Continuance Commitment

The commitment of an employee to an organization based on the costs that the employee associates with leaving the organization.

Financially

Relating to finances or financial matters, often referring to the management, investment, and saving of money.

Emotional Intelligence

The ability to recognize, understand, manage, and use emotions effectively in interpersonal interactions.

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