Figure 7
Orient Company has developed the following standards for one of its products:
The following activities occurred during the month of November:
The company records materials price variances at the time of purchase.

-Refer to Figure 7. Orient's materials usage variance would be
A) £22,000 unfavorable
B) £12,000 favorable
C) £10,000 unfavorable
D) £4,000 unfavorable

Question

Figure 7
Orient Company has developed the following standards for one of its products:
The following activities occurred during the month of November:
  The company records materials price variances at the time of purchase.
 
-Refer to Figure 7. Orient's materials usage variance would be
A) £22,000 unfavorable 
B) £12,000 favorable 
C) £10,000 unfavorable 
D) £4,000 unfavorable

Quizplus · Accepted Answer

The Answer of Figure 7
Orient Company has developed the following standards for one of its products:
The following activities occurred during the month of November:
  The company records materials price variances at the time of purchase.
 
-Refer to Figure 7. Orient's materials usage variance would be
A) £22,000 unfavorable 
B) £12,000 favorable 
C) £10,000 unfavorable 
D) £4,000 unfavorable

Figure 7 Orient Company Has Developed the Following Standards for One of One