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During April, Risco Company Produced 13,00012,000 Chainsaw Blades

question 105

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During April, Risco Company produced 13,00012,000 chainsaw blades. The standard quantity of material allowed per unit was 21.5 kg of steel per blade at a standard cost of $98 per kilogram.
-Refer to the Figure.Risco determined that it had a favourable materials usage variance of $2,0001,000 for April.What was the actual quantity of materials Risco used?


Definitions:

Guest-Country National

An individual who is a citizen of the country in which an international company operates, but the company is based in another country.

Third Country

A nation that is neither the home country of the company nor the host country where it operates; it's an unrelated, third-party country.

Parent Country

The country in which a multinational company's headquarters is located.

Long-Term Orientation

A cultural or organizational perspective that values long-range planning, perseverance, and savings for future betterment.

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