The Following Materials Standards Have Been Established for a Particular $\quad$

question 29

Multiple Choice

The following materials standards have been established for a particular product:Standard quantity per unit of output 5.3 meters
Standard price $\quad$$\quad$$\quad$$\quad$ £ 17.20 per meter
The following data pertain to operations concerning the product for the last month:Actual materials purchased $\quad 8,100$ meters
Actual cost of materials purchased $£ 141,345$
Actual materials used in production 7,600 meters
Actual output $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ 1,400 units
What is the materials price variance for the month

• A)£3,141 U
• B)£2,025 U
• C)£8,600 U
• D)£8,725 U

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Definitions:

Emergent

Arising suddenly and unexpectedly.

Beneficial

Producing good results or having a positive effect on someone or something.

Chief Complaint

(1) A brief description of the reason for the patient’s visit; (2) the main reason for seeking medical care.

Diagnosing

The process of identifying a disease or condition from its signs and symptoms by systematic analysis.