Bronze Brick Company Uses the Following Rule to Determine Whether

question 129

Essay

Bronze Brick Company uses the following rule to determine whether materials usage variances should be investigated:
A materials usage variance will be investigated when the variance is greater than either $5,000 or 12% of the standard cost.
During May,the company purchased and used 11,000 kg of concrete for $5 per kilogram.It was able to make 20,000 bricks.Its standard quantity of materials allowed is 0.50 kg of concrete per brick at a standard price of $6.50 per kilogram.
A. Determine Bronze's material usage variance and whether it is favourable or unfavourable.
B. Should the vari ance be investigated?

---

Definitions:

Relative Area

The proportion of a specific area or region relative to another, often discussed in comparing different parts of a graph or chromatographic peaks in analytical chemistry.

Coupling Constant

A parameter in nuclear magnetic resonance (NMR) spectroscopy that measures the interaction between spinning nuclei.

Aldehydic Proton

The hydrogen atom attached to the carbon of an aldehyde group, which is typically more deshielded in NMR spectroscopy compared to other hydrogen atoms.

Equivalent

A term used to describe a quantitative relationship in chemistry, representing entities that have the same capacity to react.