Eliezrie Corporation Makes a Product with the Following Standard Costs

question 303

Multiple Choice

Eliezrie Corporation makes a product with the following standard costs: In January the company's budgeted production was 7,400 units but the actual production was 7,500 units. The company used 45,580 kilos of the direct material and 2,030 direct labor-hours to produce this output. During the month, the company purchased 48,500 kilos of the direct material at a cost of $53,350. The actual direct labor cost was $18,473 and the actual variable overhead cost was $7,714. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.
The materials price variance for January is:

• A)$4,875 F
• B)$4,875 U
• C)$4,850 U
• D)$4,850 F

---

Definitions:

Dominant

Refers to a trait that prevails over others, being more influential or powerful in genetics, sociology, or other fields.

Language Tasks

Activities or exercises designed to assess or improve abilities related to language, including speaking, understanding, reading, or writing.

Hemisphere

Half of a spherical or roughly spherical object, specifically referring to one half of the Earth or brain.

Primary Somatosensory Cortex

The part of the brain responsible for processing sensory information from the body, such as touch, temperature, and pain.