Jacques Company Planned to Use 18,000 Pounds of Material Costing

question 74

Essay

Jacques Company planned to use 18,000 pounds of material costing $2.50 per pound to make 4,000 units of its product. In actually making 4,000 units, the company used 18,800 pounds that cost $2.54 per pound. Calculate the direct materials quantity variance.

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Definitions:

Heart Pounding

The sensation of a rapidly beating heart, often experienced during intense emotion or physical exertion.

Afraid

A feeling of fear or anxiety about a possible or impending situation or event.

Theory of Emotion

A conceptual framework explaining how emotions are generated, including the physiological responses and cognitive processes associated with emotions.

Fear

An emotional response to perceived threats or danger, leading to physiological changes and behaviors aimed at avoidance or survival.