Imrie Corporation Makes a Product That Uses a Material with the Quantity

question 187

Multiple Choice

Imrie Corporation makes a product that uses a material with the quantity standard of 9.5 grams per unit of output and the price standard of $5.00 per gram. In January the company produced 2,900 units using 26,940 grams of the direct material. During the month the company purchased 28,900 grams of the direct material at $4.90 per gram. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for January is:

• A)$2,989 F
• B)$3,050 F
• C)$2,989 U
• D)$3,050 U

Gain insight into the evolution of human societies from nomadic tribes to structured economies.

Understand the role and impact of part-time work in modern economies.

Conceptualize the effects of managerial strategies on labor, including deskilling and exerting control over workers.

Recognize the changing nature of work relation, hierarchy, and the creation of new job roles with evolving economy.

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Definitions:

Protanopia

A type of color blindness characterized by difficulty in distinguishing between red and green colors.

Deuteranopia

A form of colorblindness where individuals have trouble telling green and red colors apart.

Colorblindness

A deficiency in the way one sees color, making it difficult to distinguish certain colors from another.

Hereditary Trait

A hereditary trait is a characteristic that is passed from parents to offspring through genes, such as eye color, blood type, or certain inherited conditions.