During the month of March, Baker's Express purchased 10,000 pounds of flour at $1 per pound. At the end of March, Baker's Express found that it had a favorable materials price variance of $500. The standard cost per pound must be

A) $0.95
B) $1.00
C) $1.05
D) $1.95


C

Business

You might also like to view...

Discuss the crucial aspect of employment at will (EAW) where it is given first preference.

What will be an ideal response?

Business

Activity input measure is the result or product of an activity

Indicate whether the statement is true or false

Business

When a confidant shows that he or she can be trusted, it leads to an expansion of the open area of the Johari Window

Indicate whether the statement is true or false

Business

The ________ is regarded by many as the United States' most influential piece of environmental legislation

A) National Environmental Policy Act of 1970 B) Pollution Prevention Act of 1990 C) National Emissions Standards Act of 1965 D) Environmental Quality Improvement Act of 1970

Business