The Standard Costs and Actual Costs for Direct Materials for the Manufacture

question 52

Multiple Choice

The standard costs and actual costs for direct materials for the manufacture of 3,000 actual units of product are as follows: The amount of direct materials price variance is:

• A) $2,250 unfavorable
• B) $1,950 favorable
• C) $1,875 favorable
• D) $1,950 unfavorable

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Definitions:

Software

The set of computer programs or instructions that tells the computer what to do and that enables it to perform different tasks.

Overseers

Individuals or entities responsible for supervising or managing activities, processes, or people.

Coordinate

A set of values that show an exact position on a grid system or map, usually defined by x and y (or longitude and latitude) values.

Services

In computing, services refer to functions or applications that are made available to users or other applications over the network.