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If Actual Price Per Unit of Materials Is Greater Than

question 10

Short Answer

If actual price per unit of materials is greater than the standard price per unit of materials, the direct materials price variance is____________ .


Definitions:

Positive Reinforcement

A method in behavior psychology where a positive stimulus is presented after a desired behavior, increasing the likelihood of that behavior in the future.

Desirable Behaviour

Actions or conduct that are considered favorable or appropriate in a particular context.

Frequency

A measure of how often an event occurs.

Vicarious Modelling

A learning process wherein individuals modify their behaviors based on observing the actions and consequences experienced by others.

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