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

question 120

Multiple Choice

Imrie Corporation makes a product that uses a material with the quantity standard of 9.5 grams per unit of output and the price standard of $5.00 per gram. In January the company produced 2,900 units using 26,940 grams of the direct material. During the month the company purchased 28,900 grams of the direct material at $4.90 per gram. The direct materials purchases variance is computed when the materials are purchased.
-The materials price variance for January is:

• A)$2,755 U
• B)$2,890 F
• C)$2,890 U
• D)$2,755 F

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Definitions:

Mosque Location

Refers to the geographical setting where a mosque, a place of worship for Muslims, is or can be situated.

Istanbul

A major city in Turkey that straddles Europe and Asia across the Bosphorus Strait and has a long history, including serving as the capital of the Roman, Byzantine, and Ottoman Empires.

Córdoba

A city in Spain known for its rich history, including the Mosque-Cathedral of Córdoba, a prime example of Islamic architecture in the West.

Ottomans Conquer

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