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TP makes wedding cakes that are sold to specialist retail outlets which decorate the cakes according to the customers' specific requirements. The standard cost per unit of its most popular cake is as follows:

The general market prices at the time of purchase for Ingredient A and Ingredient B were $23 per kg and
$20 per kg respectively. TP operates a JIT purchasing system for ingredients and a JIT production system; therefore, there was no inventory during the period.
What was the material price planning variance for ingredient B?
A. The material price planning variance - Ingredient B was $59 000 F
B. The material price planning variance - Ingredient B was $57 000 F
C. The material price planning variance - Ingredient B was $64 000 F
D. The material price planning variance - Ingredient B was $54 000 F
Answer: D

NEW QUESTION: 2
Which statement about switch ports is true?
A. VLAN 100 is preconfigured as the native VLAN on all switch ports
B. VLAN 1 is preconfigured as the default VLAN on all switch ports
C. VLAN 1 is preconfigured as the native VLAN on trunk ports only.
D. The default VLAN and native VLAN must be different on all ports.
Answer: B



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