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

question 142

Multiple Choice

Cuda Corporation makes a product that uses a material with the following standards: The company budgeted for production of 3,500 units in November, but actual production was 3,300 units. The company used 23,050 pounds of direct material to produce this output. The company purchased 26,000 pounds of the direct material at a total cost of $158,600. The direct materials purchases variance is computed when the materials are purchased.
-The materials price variance for November is:

• A)$2,145 U
• B)$2,145 F
• C)$2,600 U
• D)$2,600 F

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Definitions:

Theodore Roosevelt

The 26th President of the United States (1901-1909) known for his progressive policies, conservation efforts, and leadership of the Rough Riders during the Spanish-American War.

Republican Nomination

The process by which the Republican Party in the United States selects its candidate for a major political office, such as the presidency.

Progressive Party

A political party in the United States that advocated for social and political reform, most active in the early 20th century with leaders like Theodore Roosevelt.

Progressive Party

A political party in the United States that advocated for reforms to address issues caused by the rapid industrialization and growth of corporations in the early 20th century.