Question: 1 When would an unfavorable materials usage variance occur? Multiple Choice 0 0 : 5 9 : 2 8 When less material is purchased than

1
When would an unfavorable materials usage variance occur?
Multiple Choice
00:59:28
When less material is purchased than is used.
When actual pounds of materials used was greater than the standard pounds allowed.
When actual pounds of materials used were less than the standard pounds allowed.
When actual labor hours used was greater than the standard labor hours allowed.
1 When would an unfavorable materials usage

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Compose an offer that specifically limits the offerees ability to accept.

Q:

When would an unfavorable materials usage variance occur? Multiple Choice When actual pounds of materials used was greater than the standard pounds allowed When actual pounds of materials used were...

Q:

Jordan Company is considering the purchase of a machine with the followingdata Initial cost One-time training cost Annual maintenance costs Annual cost savings Salvage value $150,000 12,000 15.000...

Q:

Question 1 7 of 2 8 View Policies Current Attempt in Progress An unfavorable materials quantity variance would occur if more materials were purchased than were used. actual pounds of materials used...

Q:

An unfavorable materials quantity variance would occur if more materials were purchased than were used. actual pounds of materials used were less than the standard pounds allowed. actual labor hours...

Q:

Aho Industries manufactures specialized office products. Materials standards for one of its products, Office XY, is 2 pounds of materials per unit at a price of $3.50 per pound. During the current...

Q:

The standard amount of materials required to make one unit of Product Q is 6 pounds. Tusa's static budget showed a planned production of 4,300 units During the period, the company actually produced...

Q:

Current Attempt in Progress An unfavorable materials quantity variance would occur if more materials were purchased than were used. actual labor hours used were greater than the standard labor hours...

Q:

The standard amount of materials required to make one unit of Product Q is 5 pounds. Tusa's static budget showed a planned production of 5,000 units. During the period, the company actually produced...

Q:

The standard amount of materials required to make one unit of Product Q is 5 pounds. Tusa's static budget showed a planned production of 5,000 units. During the period, the company actually produced...

Q:

The standard amount of materials required to make one unit of Product Q is 9 pounds. Tusa's static budget showed a planned production of 5,600 units. During the period, the company actually produced...

Q:

Estimate the root of f(x) = ln x; es = 0.1%. Start the computation with values of xl = xi-1 = 0.5 and xu = xi = 5.0. Using: a) False-Position method b) Secant-method

Q:

Create a Java program that prints out this kind of figure using asterisks. ********** * * * * * * * **********

Q:

Accounts payable would be an example of what kind of account? An asset account. A liability account.

Q:

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...