Summerlin Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials quantity variance?
A. $400 unfavorable.
B. $2,500 unfavorable.
C. $450 unfavorable.
D. $2,950 unfavorable.
E. $2,550 unfavorable.
Answer: B
You might also like to view...
The marketing concept holds that ________
A) a firm should find the right products for its customers, and not the right customers for its products B) customers who are coaxed into buying a product will most likely buy it again C) a new product will not be successful unless it is priced, distributed, and sold properly D) consumers and businesses, if left alone, won't buy enough of the organization's products E) a better product will by itself lead people to buy it without much effort from the sellers
Simple interest on a $25,000, 8%, 18-month note is
A) $22,000. B) $23,000. C) $3,000. D) $2,000.
In the strategic planning process, what is the fourth stage in the process?
a. implementing and controlling strategies b. developing the mission c. developing strategies d. analyzing the environment
Imagine you are giving a presentation on the health outcomes associated with the use of indoor tanning beds. Who could provide you with expert testimony? Who could provide you with lay testimony?
What will be an ideal response?