The Following Company Information Is Available

question 212

Multiple Choice

The following company information is available. The direct materials quantity variance is: Direct materials used for production 36,000 gallons
Standard quantity for units produced 34,400 gallons Standard cost per gallon of direct material $ 6.00
Actual cost per gallon of direct material $ 6.10

• A) $13,200 favorable.
• B) $10,000 unfavorable.
• C) $10,000 favorable.
• D) $13,200 unfavorable.
• E) $9,600 unfavorable.

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Definitions:

Republican Party

One of the two major political parties in the United States, typically associated with conservative economic and social policies.

Jay's Treaty

A 1794 treaty between the United States and Britain aimed at settling outstanding issues from the American Revolutionary War and avoiding further conflict.

Impressment

The act of forcibly enlisting individuals into military service, historically practiced by British Navy against American seamen in the early 19th century.