Ashleigh Has Played a Number of Supporting Roles on TV

question 195

True/False

Ashleigh has played a number of supporting roles on TV sitcoms. In her last role, she understood her contract to obligate her to perform in 22 episodes for a stipend of $500 per episode. After completion of 11 episodes, Ashleigh became ill and was unable to complete the episodes in a timely manner. The studio claimed that Ashleigh broke her contract and they are not obligated to pay her. She is confident that an impartial third party will view her circumstances as exceptional and will rule that she be reimbursed for the 11 performances. She has agreed to mediation.

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Definitions:

Materials Price Variance

The difference between the actual cost of materials and the standard cost, indicating how much was saved or overspent on materials.

Direct Material Used

Direct material used refers to the raw materials that are directly incorporated into a product being manufactured.

Materials Purchased

The total cost of raw materials bought for use in the production process.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the quantity expected, multiplied by the standard cost per unit.