The Standard Cost Card for a Product Indicates That One

question 352

Multiple Choice

The standard cost card for a product indicates that one unit of the product requires 8 kilograms of a raw material at $0.80 per kilogram. The production of the product in April was 870 units, but production had been budgeted for 850 units. During April, 8,200 kilograms of the raw material were purchased for $6,888 and 7,150 kilograms of the raw material were used in production. The material variances for April were:

• A)Option A
• B)Option B
• C)Option C
• D)Option D

---

Definitions:

Exponentiation

The operation of raising one number (the base) to the power of another (the exponent), a fundamental mathematical operation.

System of Equations

A set of two or more equations that share two or more unknowns.

Coefficient

A numerical or constant factor before and multiplying the variable in an algebraic expression.

System of Equations

A set of two or more equations with the same variables, which are solved simultaneously to find their common solution.