Pardee, Inc

question 91

Multiple Choice

Pardee, Inc. completed operations for the week and the accountant was preparing to make journal entries necessary to prepare a set of interim financial statements. Unfortunately, he discovered some of the data concerning direct materials had been lost. He was able to find the following: Efficiency variance $4,500 Unfavourable
Standard price $10 per unit
Actual units purchased 9,000
Inventory decrease 1,000 units
Budget variance $900 Favourable
The standard cost of the direct materials used was:

• A)$90,000
• B)$95,500
• C)$100,000
• D)$94,000

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Definitions:

Osteoclasts

Osteoclasts are a type of bone cell that breaks down bone tissue, a process important for bone maintenance, repair, and remodeling.

Epinephrine

Also known as adrenaline, a hormone and neurotransmitter that plays a vital role in the body's fight-or-flight response, increasing heart rate, muscle strength, blood pressure, and sugar metabolism.

Heart Rate

Refers to the number of times the heart beats per minute, indicating the heart's efficiency in pumping blood throughout the body.

Blood Pressure

The pressure that circulating blood applies to the walls of blood vessels, which serves as an essential measure of heart and blood vessel health.