A company makes a product using two materials,one of which is interchangeable with a third material.The standards for producing one 200-pound batch are presented below.The last 200-pound batch was produced using 140 pounds of M and 90 pounds of O.The price of M was $0.03 per pound and the actual price of O was $0.10. What is the materials yield variance?
A) $1.12.
B) $1.68.
C) $3.00.
D) $1.32.
Correct Answer:
Verified
Q59: For a company that produces more than
Q66: The exhibit below reflects a summary of
Q67: Compound Q11H is a raw material used
Q68: Folsom Fashions sells a line of women's
Q69: A manufacturer of industrial equipment has a
Q70: Sample Inc.has the following information:
Q72: Compound Q11H is a raw material used
Q73: Compound Q11H is a raw material used
Q74: Compound Q11H is a raw material used
Q76: Durrant Corporation has provided the following data
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents