The Standard Materials Cost to Produce 1 Unit of Product

question 54

Multiple Choice

The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $50 per pound.In manufacturing 8,000 units,47,000 pounds of material were used at a cost of $51 per pound.What is the total direct materials cost variance?

• A)$48,000 unfavorable.
• B)$51,000 favorable.
• C)$51,000 unfavorable.
• D)$3,000 favorable.
• E)$3,000 unfavorable.

---

Definitions:

Boating Accidents

Boating accidents involve collisions, injuries, or damages that occur on watercraft, often requiring investigation and possible legal action to determine liability and seek compensation.

Actual Cause

Refers to the genuine reason that directly leads to an outcome or event, establishing a clear link between an action and its effect.

Res Ipsa Loquitur

A doctrine in tort law that allows the presumption of negligence by the defendant where the accident could not have happened without negligence and the instrument of injury was under the defendant's control.

Negligence

The failure to exercise the care that a reasonably prudent person would exercise in like circumstances, leading to unintended harm.