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Ivan Pavlov studied the reflexive flow of saliva in dogs. He used meat powder to trigger the salivation. It was later observed that the salivation occurred even before the food was placed in its mouth-at the sight of the food dish. The food dish acted as a(n) ________.
Unfavorable
A term used to describe outcomes or variances that negatively impact a business financially or operationally.
Direct Materials Quantity Variance
The difference between the actual quantity of materials used in production and the standardized expected quantity, valued at the standard cost per unit.
Direct Materials
Raw materials that are directly traceable to the production of a specific product and are significant in cost.
Favorable
A term usually used in finance and accounting to describe results that are better than anticipated or that result in a benefit.
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