A Favorable Materials Price Variance Will Occur When

question 5

Multiple Choice

A favorable materials price variance will occur when:

• A)Actual costs of materials were less than budgeted
• B)More material was used than was budgeted
• C)Actual cost of materials were greater than budgeted
• D)Less material was used than was budgeted

---

Definitions:

Sensory Receptor Cells

Specialized cells that convert external stimuli from the environment into internal electrical impulses for the nervous system.

Senses

Physiological capacities of organisms that provide data for perception, including sight, hearing, taste, smell, and touch.

Taste

is one of the five traditional senses, which perceives flavors and substances via receptors on the tongue and contributes to the experience of flavor.

Touch

A sensation perceived through the skin when it comes into contact with an external object, providing information about texture, temperature, and pressure.