8.3 lbs $19.15 per pound standard quantity per unit of output standard price the following data pertain to operations concerning the product for the last month actual materials purchased actual cost of materials purchased actual materials used in production actual output 9,000 lbs $171,000 7,100 lbs 700 units what is the purchase price variance of the materials for the month? $1,065.00 favorable $1,350.00 unfavorable а. в. с. $1,350.00 favorable $1,065.00 unfavorable d. е. none of the above

С. $1,350.00 Favorable

Explanation:

The computation of the material price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 9,000 × ($19.15 - $171,000 ÷ 9,000)

= 9,000 × ($19.15 - $19)

= 9,000 × $0.15

= $1,350 favorable

The actual price is computed below:

= Actual cost of materials purchased ÷ Actual materials purchased

= $171,000 ÷ 9,000

= $19

eds? ederal government or feds

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.