Examlex

Solved

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

question 186

Multiple Choice

Degregorio Corporation makes a product that uses a material with the following direct material standards: Degregorio Corporation makes a product that uses a material with the following direct material standards:   The company produced 5, 600 units in November using 21, 750 kilos of the material.During the month, the company purchased 24, 800 kilos of the direct material at a total cost of $168, 640.The direct materials purchases variance is computed when the materials are purchased. The materials price variance for November is: A) $4, 256 F B) $4, 256 U C) $4, 960 F D) $4, 960 U The company produced 5, 600 units in November using 21, 750 kilos of the material.During the month, the company purchased 24, 800 kilos of the direct material at a total cost of $168, 640.The direct materials purchases variance is computed when the materials are purchased. The materials price variance for November is:


Definitions:

Gallium

A soft, silvery metal used in electronic circuits, and in the production of low-melting alloys.

Atomic Symbol

A one or two-letter abbreviation that represents a chemical element, derived from its English or Latin name.

Sulfur

A nonmetallic element with symbol S and atomic number 16, known for its bright yellow crystalline form and used in manufacturing sulfates and sulfuric acid.

Atomic Symbol

A one or two-letter notation representing a chemical element (e.g., H for hydrogen, O for oxygen).

Related Questions