Answer:
The correct answer is B.
Explanation:
Giving the following information:
Standard quantity= 7.8 grams per unit of output
Standard price= $6.50 per gram.
During the month the company purchased 27,900 grams of the direct material at $6.70 per gram.
To calculate the material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (6.5 - 6.7)*27,900
Direct material price variance= $5,580 unfavorable.
It is unfavorable because the actual price was higher than estimated.
Answer:
d. the highest valued alternative forgone as the result of choosing an option
Explanation:
An opportunity cost is anything that you sacrificing one thing for the other due to lack of recources and Scarcity of time
For example leisure time and working hours
if you have a higher score you can get loans easy buy stuff and you will almost always qualify for the best interest rates
so the ANSWER:D