TB MC Qu. 21-78 (Algo) Georgia Incorporated has collected... Georgia, Incorporated has collected...
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TB MC Qu. 21-78 (Algo) Georgia Incorporated has collected...
Georgia, Incorporated has collected the following data on one of its products. The direct materials quantity variance is:
| Direct materials standard (4 pounds @ $1/pound) | $4 | per finished unit |
|---|---|---|
| Total direct materials cost varianceunfavorable | $18,250 | |
| Actual direct materials used | 120,000 | pounds |
| Actual finished units produced | 24,000 | units |
Multiple Choice
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$24,000 favorable.
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$18,250 unfavorable.
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$24,000 unfavorable.
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$18,250 favorable.
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$5,750 favorable.
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