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

question 69

Multiple Choice

Fraize Corporation makes a product that uses a material with the quantity standard of 9.5 kilos per unit of output and the price standard of $4.00 per kilo. In July the company produced 7,000 units using 68,850 kilos of the direct material. During the month the company purchased 73,600 kilos of the direct material at $3.70 per kilo. The direct materials purchases variance is computed when the materials are purchased.
-The materials quantity variance for July is:

• A)$9,400 U
• B)$8,695 U
• C)$9,400 F
• D)$8,695 F

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Definitions:

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The initial phase of the stress response, where the body reacts to a stressor with a fight-or-flight response, activating various physiological changes.

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The application of various methods and tools by scientists to conduct experiments, gather data, and test hypotheses.

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The part of an organism that coordinates its actions by transmitting signals to and from different parts of its body.