If the static budget variance for materials is $250 F and the budgeted cost for materials is $52,000, then the actual cost of materials is a.$51,750. b.$51,950. c.$51,150. d.$52,150.

Option A is correct: $51750

Explanation:

Since static budget variance for materials is favourable;hence actual cost is less than the budgeted cost.

hence actual cost=(52000-250)

=$51750.

a. $51,750

Explanation:

Given:

Budget = $52,000

Variance = 250 F

Actual cost of materials = budget - variance

$52,000 - 250

= $51,750

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

answermarket demand;