If the Standard Quantity of Materials Is 84,500 Units @

question 81

Multiple Choice

If the standard quantity of materials is 84,500 units @ $0.15 per unit and the actual quantity is 95,000 units @ $0.12 per unit,then the total materials cost variance is:

• A)$2,850 Favorable.
• B)$1,575 Unfavorable.
• C)$1,275 Favorable.
• D)$2,850 Unfavorable.

Understand the ethical and philosophical foundations of environmental stewardship.

Recognize the role of voluntary simplicity and universalism in promoting environmental sustainability.

Comprehend the significance of biodiversity conservation and the challenges to it.

Understand the impact of environmental worldviews on societal attitudes toward nature and resource management.

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Definitions:

Variable Overhead Rate

The rate at which variable overhead costs are allocated to products, based on an activity such as labor hours or machine hours.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process.

Fixed Manufacturing Overhead

The costs associated with manufacturing that do not vary with the level of production output, including rent of the facility and salaries of the staff.

Variable Selling

Costs that vary directly with the level of sales activity, such as commissions or shipping charges.