-/1 Question 8 View Policies Current Attempt in Progress Marigold Corp. has a materials price standard of $2.00 per pound. 5400 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 5400 pounds, although the standard quantity allowed for the output was 4900 pounds. Marigold Corp.'s total materials variance is O $2180 U. O $2080 U. O $2180 F. O $2080 F. hp

-/1 Question 8 View Policies Current Attempt in Progress Marigold Corp. has a materials price standard of $2.00 per pound. 5400 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 5400 pounds, although the standard quantity allowed for the output was 4900 pounds. Marigold Corp.'s total materials variance is O $2180 U. O $2080 U. O $2180 F. O $2080 F. hp

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 1BE: Direct materials variances Bellingham Company produces a product that requires 2.5 standard pounds...

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