Pardee Ltd completed operations for the week and the accountant was preparing to make journal entries necessary to prepare a set of interim financial statements. Unfortunately, he discovered some of the data concerning direct materials had been lost. He was able to find the following:Efficiency variance The standard quantity of direct materials allowed for the month was
A) 10,450
B) 9,000
C) 10,000
D) 9,550

Question

Pardee Ltd completed operations for the week and the accountant was preparing to make journal entries necessary to prepare a set of interim financial statements. Unfortunately, he discovered some of the data concerning direct materials had been lost. He was able to find the following:Efficiency variance  The standard quantity of direct materials allowed for the month was
A) 10,450 
B) 9,000 
C) 10,000 
D) 9,550

Quizplus · Accepted Answer

The Answer of Pardee Ltd completed operations for the week and the accountant was preparing to make journal entries necessary to prepare a set of interim financial statements. Unfortunately, he discovered some of the data concerning direct materials had been lost. He was able to find the following:Efficiency variance  The standard quantity of direct materials allowed for the month was
A) 10,450 
B) 9,000 
C) 10,000 
D) 9,550

Pardee Ltd Completed Operations for the Week and the Accountant