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The flexible-budget variance for materials is $5,000 (U). The sales-volume variance is $13,000 (U). The price variance for material is $31000 (F). The efficiency variance
The flexible-budget variance for materials is $5,000 (U). The sales-volume variance is $13,000 (U). The price variance for material is $31000 (F). The efficiency variance for direct manufacturing labor is $7,000 (F). Calculate the price variance for materials
Select one: a. $13,000 unfavorable b. $36,000 favorable c. $35,000 unfavorable d. $36,000 unfavorable e. $6,000 favorable The standard quantity allowed for the units produced was 4,500 pounds, the standard price was $2.50 per pound, and the materials efficiency variance was $375 favorable. Each unit uses 1 pound of materials. How many units were actually produced?
Select one: a. 11,625 b. 4,350 c. 4,550 d. 4,500 e. 4,650
The flexible-budget variance for materials is $5,000 (U). The sales-volume variance is $13,000 (U). The price variance for material is $31000 (F). The efficiency variance for direct manufacturing labor is $7,000 (F). Calculate the price variance for materials
Select one:
a. $13,000 unfavorable
b. $36,000 favorable
c. $35,000 unfavorable
d. $36,000 unfavorable
e. $6,000 favorable
The standard quantity allowed for the units produced was 4,500 pounds, the standard price was $2.50 per pound, and the materials efficiency variance was $375 favorable. Each unit uses 1 pound of materials. How many units were actually produced?
Select one:
a. 11,625
b. 4,350
c. 4,550
d. 4,500
e. 4,650
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