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The Direct Materials Standards for the Main Product of Duchess

question 115

Multiple Choice

The direct materials standards for the main product of Duchess Company are 8 grams of direct materials per product at a cost of $3 per gram.During April,974 grams of direct materials were used to produce 120 products at a direct materials cost of $2,900.The direct materials quantity variance for April was

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Definitions:

Present Interest

A right to immediately use, possess, or enjoy property or income.

Testator's Property

Assets owned by an individual who has made a will, to be distributed after their death.

Per Stirpes

A distribution in which each surviving descendant divides the share that his or her parent would have taken if the parent had survived. Also called by right of representation.

Descendants

Individuals who are the direct blood relatives in the downward line, including children, grandchildren, and so on.

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