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MAX Nut company is growing. Actual results : Total cost of purchasing material.................................................... $13,500 Number of labor hours worked...................................................... 450 hours Number of material pounds

MAX Nut company is growing.

Actual results:

Total cost of purchasing material.................................................... $13,500

Number of labor hours worked...................................................... 450 hours

Number of material pounds used in production.................. 1,700 pounds

Total labor cost.................................................................................... $12,500

Number of units produced............................................................... 200 units

Number of material pounds purchased................................. 1,500 pounds

MAX follows these rules:

Standard labor rate............................................................... $30.00 per hour

Number of labor hours to produce one unit..................................... 2 hours

During the year, Max's Materials Price Variance was FAVORABLE for a total of $1,500 and Materials Quantity Variance was FAVORABLE for a total of $5,000.

What is thestandardnumber of poundsneeded to produce one unit?

  • 8 pounds
  • 11 pounds
  • 12 pounds
  • 9 pounds
  • 10 pounds
  • 14 pounds
  • 13 pounds
  • 7 pounds

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