Pericloud Company Uses a Standard Costing System

question 4

Multiple Choice

Pericloud Company uses a standard costing system.The following information pertains to direct materials for July:
Pericloud Company reports its material price variances at the time of purchase.What is the material usage variance for Pericloud Company?

• A) $1,900 U
• B) $2,450 F
• C) $7,850 U
• D) $1,000 F

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Definitions:

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