Maximus Ltd uses a standard costing system. The following information pertains to direct materials for the month of July

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Maximus Ltd uses a standard costing system. The following information pertains to direct materials for the month of July

Post by answerhappygod »

Maximus Ltd uses a standard costing system.The following information pertains to direct materials for themonth of July:
What is the materials usage variance forMaximus Ltd?
a. £ 1 850 (Favourable)
b. £ 900 (Adverse)
c. £ 2 850 (Favourable)
d. £ 900 (Favourable)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”