Examlex

Solved

Standard Material Cost Per Kg of Raw Material Is $5

question 119

Multiple Choice

Standard material cost per kg of raw material is $5.Standard material allowed per unit is 2 Kg.Actual material used per unit is 2.5 Kg.Actual cost per kg is $4.5.What is the standard cost per output unit?


Definitions:

Chief Information Officer

An executive role responsible for managing and implementing information and computer technologies in an organization.

Rational Basis

A standard of review used by courts to evaluate government laws and actions to ensure they are rationally related to a legitimate government interest.

Protracted Negotiations

Extended or lengthy discussions aimed at reaching an agreement, often complex and involving multiple issues or parties.

Corporate Records

Official documents and records maintained by a corporation, including minutes of meetings, financial records, and legal documents.

Related Questions