RJB Builders Makes Mouldings

question 92

Multiple Choice

RJB Builders makes mouldings.Its standard quantity of material allowed is 1 m of wood per 1 m of moulding at a standard price of $2.00 per metre.During September,RJB Builders purchased 500,000 m of wood at a cost of $1.90 per metre,which produced only 499,000 m of moulding.What was the materials price variance and the materials usage variance,respectively?

• A)$49,900 U and $2,000 F
• B)$49,900 F and $1,900 U
• C)$50,000 F and $1,900 U
• D)$50,000 F and $2,000 U

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Definitions:

African-American

Refers to individuals of Black ancestry or origin who live in the United States, a term often relating to cultural, historical, and social experiences.

Non-Hispanic White

A demographic group in the United States comprising individuals of European descent who do not identify as Hispanic or Latino.

Radial Pulse

A measurement of the heart rate obtained by palpating the radial artery at the wrist.

Amplitude

The height or strength of a wave signal, which in various contexts can represent volume, intensity, or power.