The Standard Amount of Materials Required to Make One Unit

question 113

Multiple Choice

The standard amount of materials required to make one unit of Product Q is 4 pounds.Tusa's static budget showed a planned production of 3,800 units.During the period,the company actually produced 4,100 units of product.The actual amount of materials used averaged 3.9 pounds per unit.The standard price of material is $1 per pound.Based on this information,the materials usage variance was:

• A) $410 favorable.
• B) $380 unfavorable.
• C) $410 unfavorable.
• D) $380 favorable.

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Definitions:

Internal Validity

The extent to which a study can rule out or make unlikely alternative explanations of the results.

Statistical Analysis

The process of collecting, reviewing, interpreting, and presenting data to discover underlying patterns and trends.

Literature Review

A written summary and evaluation of the existing literature on a specific topic.

Variables

Elements or factors that can change and potentially affect the outcomes of a study or experiment.