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

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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 quantity variance for January is:


Definitions:

Attractive

Possessing features, qualities or characteristics that appeal to aesthetic, physical, or emotional desires.

Society

A community of people living together in a more or less ordered community, sharing customs, laws, and organizations.

Bad Faith

Sartre’s characterization of a person’s refusal to accept himself or herself, particularly regarding the extent of his or her own freedom and limitations. This sometimes means not accepting the facts that are true about you. More often, it means accepting the facts about you as conclusive about your identity, as in the statement “Oh, I couldn’t do that, I’m too shy.”

Sartre

Jean-Paul Sartre, a French existentialist philosopher, playwright, novelist, political activist, and literary critic known for his work on existentialism and phenomenology.

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