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Question 51 Molecules material used to make Corporations major product. The standard cost of Molecule AHHIS $77.00 per ounce and the standard quantity Lourense concerning

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Question 51 Molecules material used to make Corporations major product. The standard cost of Molecule AHHIS $77.00 per ounce and the standard quantity Lourense concerning the compound for October appear below. Cost of material purchased in October $ 27.10 per ounce Material purchased in October 2500 ounces Material used in production in October 2160 ounces Actual output in October 640 units The material was purchased on account and Corporation Cuses a standard costing system. The Material Efficiency Variance for October would be recorded as a 57344 Unfavorable, 59180 Unfavorable 57344 Favorable 59180 Favorable

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