Todco Planned to Produce 3,000 Units of Its Single Product,Teragram,during

question 11

Multiple Choice

Todco planned to produce 3,000 units of its single product,Teragram,during November.The standard specifications for one unit of Teragram include six pounds of material at $0.30 per pound.Actual production in November was 3,100 units of Teragram.The accountant computed a favorable materials purchase price variance of $380 and an unfavorable materials quantity variance of $120.Based on these variances,one could conclude that:

• A)more materials were purchased than were used.
• B)more materials were used than were purchased.
• C)the actual cost of materials was less than the standard cost.
• D)the actual usage of materials was less than the standard allowed.

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Electric

Pertaining to, derived from, produced by, or involving electricity.

Practical

Refers to an approach or solution grounded in reality, focusing on effectiveness and feasibility rather than theoretical perfection.

Dotted Line

A line made up of small, repeated dots, often used to indicate borders, boundaries, or suggested paths that are not physically marked.

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A line that is not continuous but consists of a series of dashes, often used in drawings to represent hidden, unseen, or imaginary boundaries or features.