Dynamo Inc's static budget called for production of 10,000 units of product. It actually produced 9,500 unit. The standard quantity of direct materials per unit is 5 kilograms and the standard cost per kilogram is $2.50. The actual price paid for direct materials was $2.30 per kilogram. The standard quantity multiplied by the standard price ( SQ x SP) for direct materials is: Oa. $115,000 O b. $109,250 $118,750 A static budget Select one: is developed for multiple levels of planned activities is used to compute the flexible budget variance is used to prepare the income statement e to search 直。 21) acer

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Dynamo Inc's static budget called for production of 10,000 units of product. It actually
produced 9,500 unit. The standard quantity of direct materials per unit is 5 kilograms and
the standard cost per kilogram is $2.50. The actual price paid for direct materials was
$2.30 per kilogram.
The standard quantity multiplied by the standard price ( SQ x SP) for direct materials is:
Oa. $115,000
O b. $109,250
$118,750
A static budget
Select one:
is developed for multiple levels of planned activities
is used to compute the flexible budget variance
is used to prepare the income statement
e to search
直。
21)
acer
Transcribed Image Text:Dynamo Inc's static budget called for production of 10,000 units of product. It actually produced 9,500 unit. The standard quantity of direct materials per unit is 5 kilograms and the standard cost per kilogram is $2.50. The actual price paid for direct materials was $2.30 per kilogram. The standard quantity multiplied by the standard price ( SQ x SP) for direct materials is: Oa. $115,000 O b. $109,250 $118,750 A static budget Select one: is developed for multiple levels of planned activities is used to compute the flexible budget variance is used to prepare the income statement e to search 直。 21) acer
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