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Question 61

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Use the information below to answer the following question(s) .Tractor Corporation produces toy tractors.The company uses the following direct cost categories:
Use the information below to answer the following question(s) .Tractor Corporation produces toy tractors.The company uses the following direct cost categories:    Actual performance for the company is shown below: Actual output: 5,000 units Direct Materials:    Direct Manufacturing Labour:    Direct Marketing Labour:    -What is the rate variance of the direct materials? A) $10,000 favourable B) $11,500 unfavourable C) $11,500 favourable D) $10,000 unfavourable E) $11,000 favourable Actual performance for the company is shown below:
Actual output: 5,000 units
Direct Materials:
Use the information below to answer the following question(s) .Tractor Corporation produces toy tractors.The company uses the following direct cost categories:    Actual performance for the company is shown below: Actual output: 5,000 units Direct Materials:    Direct Manufacturing Labour:    Direct Marketing Labour:    -What is the rate variance of the direct materials? A) $10,000 favourable B) $11,500 unfavourable C) $11,500 favourable D) $10,000 unfavourable E) $11,000 favourable Direct Manufacturing Labour:
Use the information below to answer the following question(s) .Tractor Corporation produces toy tractors.The company uses the following direct cost categories:    Actual performance for the company is shown below: Actual output: 5,000 units Direct Materials:    Direct Manufacturing Labour:    Direct Marketing Labour:    -What is the rate variance of the direct materials? A) $10,000 favourable B) $11,500 unfavourable C) $11,500 favourable D) $10,000 unfavourable E) $11,000 favourable Direct Marketing Labour:
Use the information below to answer the following question(s) .Tractor Corporation produces toy tractors.The company uses the following direct cost categories:    Actual performance for the company is shown below: Actual output: 5,000 units Direct Materials:    Direct Manufacturing Labour:    Direct Marketing Labour:    -What is the rate variance of the direct materials? A) $10,000 favourable B) $11,500 unfavourable C) $11,500 favourable D) $10,000 unfavourable E) $11,000 favourable
-What is the rate variance of the direct materials?


A) $10,000 favourable
B) $11,500 unfavourable
C) $11,500 favourable
D) $10,000 unfavourable
E) $11,000 favourable

Correct Answer:

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