Reference: 21_04 a Company Has Established 5 Pounds of Material M at M

question 102

Multiple Choice

Reference: 21_04
A company has established 5 pounds of Material M at $2 per pound as the standard for the material in its Product A. The company has just produced 1,000 units of this product, using 5,200 pounds of Material M that cost $9,880.
-The direct materials price variance is:

• A) $520 unfavorable
• B) $400 unfavorable
• C) $120 favorable
• D) $520 favorable
• E) $400 favorable

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Definitions:

Examination Light

A focused light source used in medical settings to illuminate the examination area for clearer observation.

Flexible Arm

An adjustable arm apparatus often used in machinery or equipment to hold or manipulate items or tools at various angles.

Vaginal Speculum

A medical tool used to examine the vagina by expanding it, allowing for visual examination of the vagina and cervix.

Gynecological Specimens

Samples collected from the female reproductive system for the purpose of laboratory examination or testing, often used in diagnosing diseases or conditions.