Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials quantity variance is: Direct materials standard (7 kg. @ $2/kg)$14per finished unitActual cost of materials purchased$322,500 Actual direct materials purchased and used 150,000kg
A. $22,500 favorable.
B. $50,000 favorable.
C. $50,000 unfavorable.
D. $27,500 unfavorable.
E. $22,500 unfavorable.
Answer: B
You might also like to view...
Which principle established in the U.S. Constitution often leads to conflicts between lawyers and public relations practitioners?
A) freedom to own firearms B) freedom of speech C) freedom to own property D) freedom to use the employer's Internet connection
Explain how each of the four schools of thought would respond to the following question: Are employer and employees equals in the labor market and legal arena?
What will be an ideal response?
Which of the following is the most logical example of complementary products?
A. Honda cars and Toyota cars B. VCRs and DVD players C. hot dogs and hamburgers D. hot dogs and hot dog buns E. a university and a corporation
How important the brand is in consumer decisions depends partly on the product ______________________.
a. Promise b. Position c. Category d. Identity