Reference: 21_04 a Company Has Established 5 Pounds of Material M at M

question 31

Multiple Choice

Reference: 21_04
A company has established 5 pounds of Material M at $2 per pound as the standard for the material in its Product A. The company has just produced 1,000 units of this product, using 5,200 pounds of Material M that cost $9,880.
-The direct materials quantity variance is:

• A) $400 unfavorable
• B) $120 favorable
• C) $400 favorable
• D) $520 favorable
• E) $520 unfavorable

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Definitions:

Confidential

Pertaining to information that is meant to be kept secret or private, typically to protect individual privacy or maintain security.

Socially Isolated

The condition in which an individual lacks a sense of social belonging, significant relationships, or consistent human contact, leading to feelings of loneliness.

Community Psychiatric

A field focused on the provision and management of mental health services to individuals within community settings rather than in-patient healthcare facilities.

Antipsychotic Medication

Drugs prescribed to treat symptoms of severe psychiatric disorders, such as schizophrenia and bipolar disorder, by altering brain chemistry.