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A manufacturer planned to produce 5,000 units of its single product, troll dolls, during November. The standard specification of materials, plastic, for one unit includes

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A manufacturer planned to produce 5,000 units of its single product, troll dolls, during November. The standard specification of materials, plastic, for one unit includes ten pounds of materials at $0.50 per pound. Actual production of troll dolls in November was 5,200 units. The accountant computed an unfavorable materials price variance of $580 and a favorable materials efficiency, or quantity, variance of $320. Based on these variances, one could conclude that: Multiple Choice More materials were purchased that were used. More materials were used than were purchased. O The actual usage of materials was less than the standard allowed. O The actual cost of materials was more than the standard cost

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