Question: Lindor Chocolates successfully uses a standard costing system for it's signature chocolates. They have a direct materials standard of 3 gallons of input at a

 Lindor Chocolates successfully uses a standard costing system for it's signature

Lindor Chocolates successfully uses a standard costing system for it's signature chocolates. They have a direct materials standard of 3 gallons of input at a cost of $4 per gallon. During January, Lindor Chocolates purchased and used 7,000 gallons. The direct materials quantity variance was $400 unfavorable and the direct materials price variance was $3,000 favorable. How many units did Lindor chocolates produce? Multiple Choice o 6,900 units 7,000 units 0 2,350 units 0 2,300 units 0

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!