Solved

Use the Information Below to Answer the Following Question(s)

Question 194

Multiple Choice

Use the information below to answer the following question(s) .
Tractor Corporation produces toy tractors. The company uses the following direct cost categories:
Use the information below to answer the following question(s) . Tractor Corporation produces toy tractors. The company uses the following direct cost categories: Actual performance for the company is shown below: Actual output: 5,000 units Direct Materials: Direct Manufacturing Labour: Direct Marketing Labour: -What is the efficiency variance for direct materials? A) $47,350 favourable B) $36,000 favourable C) $37,500 unfavourable D) $23,750 unfavourable Actual performance for the company is shown below:
Actual output: 5,000 units
Direct Materials:
Use the information below to answer the following question(s) . Tractor Corporation produces toy tractors. The company uses the following direct cost categories: Actual performance for the company is shown below: Actual output: 5,000 units Direct Materials: Direct Manufacturing Labour: Direct Marketing Labour: -What is the efficiency variance for direct materials? A) $47,350 favourable B) $36,000 favourable C) $37,500 unfavourable D) $23,750 unfavourable Direct Manufacturing Labour:
Use the information below to answer the following question(s) . Tractor Corporation produces toy tractors. The company uses the following direct cost categories: Actual performance for the company is shown below: Actual output: 5,000 units Direct Materials: Direct Manufacturing Labour: Direct Marketing Labour: -What is the efficiency variance for direct materials? A) $47,350 favourable B) $36,000 favourable C) $37,500 unfavourable D) $23,750 unfavourable Direct Marketing Labour:
Use the information below to answer the following question(s) . Tractor Corporation produces toy tractors. The company uses the following direct cost categories: Actual performance for the company is shown below: Actual output: 5,000 units Direct Materials: Direct Manufacturing Labour: Direct Marketing Labour: -What is the efficiency variance for direct materials? A) $47,350 favourable B) $36,000 favourable C) $37,500 unfavourable D) $23,750 unfavourable
-What is the efficiency variance for direct materials?


A) $47,350 favourable
B) $36,000 favourable
C) $37,500 unfavourable
D) $23,750 unfavourable

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q189: Kentucky Industries' actual direct labour cost was

Q190: Use the information below to answer the

Q191: The variable overhead flexible budget variance is

Q192: Use the information below to answer the

Q193: Use the information below to answer the

Q195: Montrose Processing Corporation has the following information

Q196: Red River Corporation reports the following standards

Q197: Use the information below to answer the

Q198: Switzer Chocolate Company produces fudge in large

Q199: Use the information below to answer the

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents