Colortrigon Company produces picture frames.During the year, 200,000 picture frames were produced.Materials and labor standards for producing the picture frames are as follows:

Colortrigon purchased and used 300,000 pieces of wood at $2.00 each, and its actual labor hours were 350,000 hours at a wage rate of $11.

What is the materials usage variance?
A) $112,500 F
B) $112,500 U
C) $200,000 U
D) $200,000 F

Question

Colortrigon Company produces picture frames.During the year, 200,000 picture frames were produced.Materials and labor standards for producing the picture frames are as follows: ​
​​
 Colortrigon purchased and used 300,000 pieces of wood at $2.00 each, and its actual labor hours were 350,000 hours at a wage rate of $11.
​
What is the materials usage variance?
A) $112,500 F 
B) $112,500 U 
C) $200,000 U 
D) $200,000 F

Quizplus · Accepted Answer

11ea8a4c_496f_4dd1_a0e6_b167362f074d_TB5550_00

Colortrigon Company Produces Picture Frames