Melrose Corporation Makes a Product That Uses a Material with the Following

question 123

Multiple Choice

Melrose Corporation makes a product that uses a material with the following standards:

The company budgeted for production of 5,800 units in September, but actual production was 5,900 units. The company used 50,210 pounds of direct material to produce this output. The company purchased 55,100 pounds of the direct material at $5.80 per pound.

The direct materials purchases variance is computed when the materials are purchased.


-The materials quantity variance for September is:

• A)$3,770 F
• B)$3,900 U
• C)$3,770 U
• D)$3,900 F

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Definitions:

Patient Records

Documentation containing detailed information about a patient's medical history, treatments received, diagnostic tests, and other relevant health information.

EHR's Coding Software

Software tools used within Electronic Health Records systems to assign standardized codes to diagnoses and treatments for billing and analysis.

Diagnosis Code

A standardized value used to classify a diagnosis for purposes such as billing and health records, often based on systems like ICD-10.

Produce a Flag

The action or process of creating or manufacturing a flag.