April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. Last month, 2,000 pounds of direct materials were used to produce 900 units of product. The direct materials usage variance for last month was: Multiple Choice $200 favorable. $750 unfavorable. $1,800 favorable. $200 unfavorable.
April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. Last month, 2,000 pounds of direct materials were used to produce 900 units of product. The direct materials usage variance for last month was: Multiple Choice $200 favorable. $750 unfavorable. $1,800 favorable. $200 unfavorable.
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 6PB: Corolla Manufacturing has a standard cost for steel of $20 per pound for a product that uses 4...
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