he standard quantity allowed for the units produced was 4700 pounds, the standard price was $2.50 per pound, and the materials santity variance was $425 favorable. Each unit uses 1 pound of materials. How many units were actually produced?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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The standard quantity allowed for the units produced was 4700 pounds, the standard price was $2.50 per pound, and the materials
quantity variance was $425 favorable. Each unit uses 1 pound of materials. How many units were actually produced?
4700
O4530
O 12175
4870
Transcribed Image Text:The standard quantity allowed for the units produced was 4700 pounds, the standard price was $2.50 per pound, and the materials quantity variance was $425 favorable. Each unit uses 1 pound of materials. How many units were actually produced? 4700 O4530 O 12175 4870
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