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Management accounting # QUESTION COMPLETION STATUS: : Moving to another question will save this response Question 32 Variety budgeted the following cost standards for the

Management accounting

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# QUESTION COMPLETION STATUS: : Moving to another question will save this response Question 32 Variety budgeted the following cost standards for the current year: Direct materials = 2.8 kilos per unit @ $3.00 per kilo Direct labour = 1.5 hours per unit @ $6 per hour Actual production and costs were as follows: Units produced = 3,600 Direct materials used = 9,000 kg. Direct materials purchased = 10,000 kg. @ a cost of $29,000 Direct labour incurred = 4,000 hours at a cost of $26,000 The material price variance for materials purchased was: O a. $1,000 F O b. $2,000 U Dc. $2,000 F O d. $1,000 U port Moving to another que It save this response ype here to search O Hi

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