Paw-Paw Products Paw-Paw Products Produces and Sells Flannel Covered Dogbeds

question 36

Multiple Choice

Paw-Paw Products Paw-Paw Products produces and sells flannel covered dogbeds. In the current year, Paw-Paw had expected to sell 8,000 beds but actually produced and sold 8,500 beds. The following information is available regarding the standard cost to produce a single dogbed:
In the current year, 44,000 yards of material were purchased and used at a cost of $1.60 per yard and 365,500 direct labor minutes were incurred at a cost of $.23 per minute.
Refer to the Paw-Paw Products information above. The company's direct material price variance for the current year is:

• A) $4,250 F.
• B) $6,650 U.
• C) $4,400 U.
• D) $3,750 F.

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Definitions:

Sense Of Self

An individual's perception and awareness of their own identity, personality, and existence.

Loss Of A Parent

The experience and emotional process following the death of a parent, significantly impacting an individual’s psychological state and life.

Influences

The power to have an important effect on someone or something, often leading to changes in behavior or outcomes.

Mortality Rate

A measure of the number of deaths (in general, or due to a specific cause) in a particular population, scaled to the size of that population, per unit of time.