# Strayer Acc560 Week 8 Quiz Ch 11 (2015 )

Jul 2nd, 2016
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Question Multiple Choice Question 129 Dillon has a standard of 1.5 pounds of materials per unit, at \$6 per pound. In producing 2,000 units, Dillon used 3,100 pounds of materials at a total cost of \$18,135. Dillon's materials price variance is \$1,050 F. \$135 U. \$465 F. \$600 F. Multiple Choice Question 81 Scorpion Production Company planned to use 1 yard of plastic per unit budgeted at \$81 a yard. However, the plastic actually cost \$80 per yard. The company actually made 3,900 units, although it had planned to make only 3,300 units. Total yards used for production were 3,960. How much is the total materials variance? \$3,960 F \$48,600 U \$4,860 U \$900 U Multiple Choice Question 51 Standard costs may show past cost experience. help establish expected future costs. all of these. are the budgeted cost per unit in the present. Multiple Choice Question 68 Allowance for spoilage is part of the direct labor price standard. labor quantity standard. materials price standard. m

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Strayer Acc560 Week 8 Quiz Ch 11 (2015 )QuestionMultiple Choice Question 129Dillon has a standard of 1.5 pounds of materials per unit, at \$6 per pound. In producing2,000 units, Dillon used 3,100 pounds of materials at a total cost of \$18,135. Dillon'smaterials price variance is\$1,050 F.\$135 U.\$465 F.\$600 F.Multiple Choice Question 81Scorpion Production Company planned to use 1 yard of plastic per unit budgeted at \$81 ayard. However, the plastic actually cost \$80 per yard. The company actually made 3,900units, although it had planned to make only 3,300 units. Total yards used for productionwere 3,960. How much is the total materials variance?\$3,960 F\$48,600 U\$4,860 U\$900 UMultiple Choice Question 51Standard costsmay show past cost experience.help establish expected future costs.all of these.are the budgeted cost per unit in the present.Multiple Choice Question 68Allowance for spoilage is part of the directlabor price standard.labor quantity standard.materials price standard.materials quantity standard.Multiple Choice Question 99A company uses 8,400 pounds of materials and exceeds the standard by 300 pounds. Thequantity variance is \$1,800 unfavorable. What is the standard price?\$2\$4Cannot be determined from the data provided.\$6Multiple Choice Question 152The balanced scorecard approachevaluates performance using about 10 different perspectives in order to effectively incorporateall areas of the organization.uses rather vague, open sta

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