Figure 2
Rax Company has developed the following standards for one of its products:
The following activities occurred during the month of October:
The company records materials price variances at the time of purchase.

-Refer to Figure 2. Rax's materials price variance would be
A) £4,000 unfavorable
B) £4,000 favorable
C) £1,600 unfavorable
D) £1,600 favorable

Question

Figure 2
Rax Company has developed the following standards for one of its products:
The following activities occurred during the month of October:
  The company records materials price variances at the time of purchase.
 
-Refer to Figure 2. Rax's materials price variance would be
A) £4,000 unfavorable 
B) £4,000 favorable 
C) £1,600 unfavorable 
D) £1,600 favorable

Quizplus · Accepted Answer

The Answer of Figure 2
Rax Company has developed the following standards for one of its products:
The following activities occurred during the month of October:
  The company records materials price variances at the time of purchase.
 
-Refer to Figure 2. Rax's materials price variance would be
A) £4,000 unfavorable 
B) £4,000 favorable 
C) £1,600 unfavorable 
D) £1,600 favorable

Figure 2 Rax Company Has Developed the Following Standards for One of One