Melrose Corporation Makes a Product That Uses a Material with the Following

question 52

Multiple Choice

Melrose Corporation makes a product that uses a material with the following standards: The company budgeted for production of 5,800 units in September, but actual production was 5,900 units. The company used 50,210 pounds of direct material to produce this output. The company purchased 55,100 pounds of the direct material at $5.80 per pound. The direct materials purchases variance is computed when the materials are purchased.
The materials price variance for September is:

• A)$11,020 F
• B)$9,912 U
• C)$9,912 F
• D)$11,020 U

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Definitions:

Personality Disorders

A group of mental health conditions characterized by enduring patterns of behavior, cognition, and inner experience that differ significantly from societal norms, leading to distress or impaired functioning.

Genetics

The DNA from one’s biological mother and biological father.

Panic Attacks

Intense, short bursts of intense fear and anxiety.

Agoraphobia

An anxiety disorder characterized by an intense fear of being in places where escape might be difficult or help unavailable, often leading to avoidance of public places.