Assume a company makes only three products, A, B, and C: Product A Product B Product C Selling price per unit $ 75 $ 65 $ 45 Variable cost per unit $ 35 $ 25 $ 20 Machine-hours per unit 3.00 3 1.5 The company does not have enough machine-hours available to satisfy demand for all of its products. Product As contribution margin per unit of the constraining resource is closest to: Multiple Choice $40.00. $41.00. $120.00. $13.33. pt 2

Assume the following:

• The standard price per pound is $3.00.
• The actual quantity of materials purchased and used in production is 63,200 pounds.
• The actual purchase price per pound of materials was $3.10.

What is the materials price variance?

Multiple Choice

• $6,320 U

• $3,160 F

• $3,160 U

• $6,320 F