Information about the use of direct materials at EZ Toys Trucks Division for October follows:<\/p>
| <\/p> Standard costs for materials<\/p> <\/td> | <\/p> <\/td> | <\/p> <\/td> <\/tr> |
| 1.0 pounds per truck @ $5.00 per pound<\/p> <\/td> | =<\/p> <\/td> | $5 per truck<\/p> <\/td> <\/tr> |
| Actual Trucks produced in October<\/p> <\/td> | =<\/p> <\/td> | 10,000<\/p> <\/td> <\/tr> |
| Actual materials purchased and used in October<\/p> <\/td> | <\/p> <\/td> | <\/p> <\/td> <\/tr> |
| 11,000 pounds @ $4.80 per pound<\/p> <\/td> | =<\/p> <\/td> | $52,800<\/p> <\/td> <\/tr> <\/tbody> <\/table> What is the materials price variance for October?<\/p> Group of answer choices<\/p> $2,800 F<\/p> $2,000 F<\/p> $2,200 F<\/p> $3,200 U<\/p>", "transcribed_text": "", "related_book": { "title": "Intermediate Accounting", "isbn": "324300980, 978-0324300987", "edition": "10th Edition", "authors": "Loren A Nikolai, D. Bazley and Jefferson P. Jones", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/120.jpg", "uri": "\/textbooks\/intermediate-accounting-10th-edition-120", "see_more_uri": "" }, "free_related_book": { "isbn": "0367472341", "uri": "\/textbooks\/international-business-law-and-the-legal-environment-a-transactional-approach-4th-edition-9780367472344", "name": "International Business Law And The Legal Environment A Transactional Approach", "edition": "4th Edition" }, "question_posted": "2024-06-01 06:21:41", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/financial-accounting-theory\/the-following-information-has-been-extracted-from-the-trial-balance-1282349", "description": "The following information has been extracted from the trial balance of M\/s Randhir Transport Corporation. Adjustments 1. 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