Georgia, Inc. has collected the following data on one of its products. The actual cost of direct materials used is:    Direct materials standard (4 lbs. @ $1/lb.)$4per finished unitTotal direct materials cost variance-unfavorable$13,750 Actual direct materials used 150,000lbs.Actual finished units produced 30,000units

A. $106,250.
B. $158,750.
C. $120,000.
D. $150,000.
E. $133,750.


Answer: E

Business

You might also like to view...

A ________ of a business focuses on selling a product or service to an existing market

A) target market definition B) strategic market definition C) mass-market definition D) differentiated market definition E) integrated market definition

Business

Answer the following statements true (T) or false (F)

1. When gusts are on vacation such as a cruise, waiting in line is normal. However, it is important to understand the length of wait times in relationship to each experience. Wait times should be fairly consistent or shorter than the prior wait times. 2. While waiting in line at a busy pizza restaurant it is a bad idea to offer free mini-slices beause it will make the wait feel longer since you have now whet their appetite. 3. Calling guests after the service experience and asking their opinion actually adds to the service experience itself. 4. In a perfect world, the flow of guests meets the supply of service exactly causing only short waits.

Business

A company changes from an accounting principle that is not generally accepted to one that is generally accepted. The effect of the change should be reported as a

a. change in accounting principle. b. change in accounting estimate c. correction of an error. d. change of accounting estimate effected by a change in accounting principle.

Business

An ________ modifies a noun or pronoun

a. adverb b. adjective

Business