Multiple Choice
Pardoe Inc. ,manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours.The company uses a standard cost system and has established the following standards for one unit of product: 
During March,the following activity was recorded by the company: • The company produced 3,000 units during the month.
• A total of 8,000 pounds of material were purchased at a cost of $23,000.
• There was no beginning inventory of materials on hand to start the month;at the end of the month,2,000 pounds of material remained in the warehouse.
• During March,1,600 direct labor-hours were worked at a rate of $6.50 per hour.
• Variable manufacturing overhead costs during March totaled $1,800.
The direct materials purchases variance is computed when the materials are purchased.
The materials price variance for March is:
A) $1,000 F
B) $1,000 U
C) $750 F
D) $750 U
Correct Answer:
Verified
Correct Answer:
Verified
Q165: At Cady Corporation, maintenance is a variable
Q353: Blaster Inc., manufactures portable radios. Each radio
Q411: Merle Corporation applies manufacturing overhead to products
Q412: Coderre Corporation manufactures and sells a single
Q413: Cicchetti Corporation uses customers served as its
Q414: Galla Corporation makes a product with the
Q415: Ledezma Corporation makes a product with the
Q417: Eliezrie Corporation makes a product with the
Q418: During a recent lengthy strike at Morell
Q419: The following materials standards have been established