Magno cereal corporation uses a standard cost system for its "crunchy pickle" cereal. the materials standard for each batch of cereal produced is 1.4 pounds of pickles at a standard cost of $3.00 per pound. during the month of august, magno purchased 78,000 pounds of pickles at a total cost of $253,500. magno used all of these pickles to produce 60,000 batches of cereal. what is magno's materials quantity variance for august?

Material Quantity Variance = $18,000 Favorable

Explanation:

Material Quantity Variance = (Standard Quantity - Actual Quantity) Standard Rate

Provided information

Here, Standard Rate = $3.00 per pound of raw material

Standard Quantity for Actual Output of 60,000 batches = 60,000 1.4 pound = 84,000

Actual Quantity = 78,000

Material Quantity Variance = (84,000 - 78,000) $3.00

= 6,000 $3.00 = $18,000

Since standard quantity is more than actual it is a favorable variance.

answer: qué lástima, pero no podré ir.

explanation: the expression "qué lástima" means "what a pity" and indicates disgust, because she would like to go but she can't go.

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these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education