The Standard Materials Cost to Produce 1 Unit of Product

question 54

Multiple Choice

The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $50 per pound.In manufacturing 8,000 units,47,000 pounds of material were used at a cost of $51 per pound.What is the total direct materials cost variance?

• A)$48,000 unfavorable.
• B)$51,000 favorable.
• C)$51,000 unfavorable.
• D)$3,000 favorable.
• E)$3,000 unfavorable.

Identify the application of pressure by managers on underperforming employees based on perceived reasons.

Understand the significance of needs hierarchy in motivation.

Recognize the role of learned needs in motivation.

Understand the fundamental concepts of Maslow's hierarchy of needs and its division into deficiency and growth needs.

---

Definitions:

Normal Distribution

A type of continuous probability distribution for a real-valued random variable, symmetrical and described by its mean and standard deviation.

Capability Index

A statistical measure that quantifies the ability of a process to produce output within specified limits.

Compressive Strength

The capacity of a material or structure to withstand loads that reduce the size, expressed typically in pounds per square inch (psi) or mega pascals (MPa).

Injection Molding

A technique to manufacture parts by injecting fluid material into a predefined mold.