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Ramie has a standard price of P550 per pound for materials Julys results showed an unfavorable material price variance of P44 and a favorable quantity variance of P209 If 1066 pounds were used in

Ramie has a standard price of P5.50 per pound for materials. July's results showed an unfavorable material price variance of P44 and a favorable quantity variance of P209. If 1,066 pounds were used in production, what was the standard quantity allowed for materials?
A. 1,104                C. 1,074
B. 1,066                D. 1,100 

Jun 18 2021 View more View Less

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