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The Fletcher Company Uses Standard Costing What Was the Standard Quantity of Material Allowed for October

Question 22

Multiple Choice

The Fletcher Company uses standard costing.The following data are available for October:
 Actual quantity of direct materials used 23,500 kilograms  Standard price of direct materials $2 per kilogram  Materials quantity variance $1,000 favourable \begin{array}{|l|r|}\hline \text { Actual quantity of direct materials used } & 23,500 \text { kilograms } \\\hline \text { Standard price of direct materials } & \$ 2 \text { per kilogram } \\\hline \text { Materials quantity variance } & \$ 1,000 \text { favourable } \\\hline\end{array}
What was the standard quantity of material allowed for October production?


A) 23,000 kilograms.
B) 24,000 kilograms.
C) 24,500 kilograms.
D) 25,000 kilograms.

Correct Answer:

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