Georgia,Inc

question 73

Multiple Choice

Georgia,Inc.has collected the following data on one of its products.The direct materials price variance is:

• A)$13,750 unfavorable.
• B)$16,250 unfavorable.
• C)$16,250 favorable.
• D)$30,000 unfavorable.
• E)$33,000 favorablE.

Calculate and interpret the unit product cost under both variable and absorption costing methods.

Calculate and interpret net operating income under variable and absorption costing methods.

Understand the impact of costing methods on net operating income.

Analyze the total period costs under variable costing.

---

Definitions:

Impression Management

The conscious or subconscious process by which people attempt to influence the perceptions of others about a person, object, or event by regulating and controlling information in social interaction.

Cultural Scaffolding

The support and structures provided by a culture to facilitate learning, understanding, and behavior according to its norms and values.

Linguistic Purity

The idea or practice of preserving a language from foreign influences, changes, or dilution, often motivated by cultural or nationalist sentiments.

Cultural Standards

The criteria or benchmarks that define acceptable behaviors, practices, and values within a particular society or community, influencing how members of that community should act.