Reference: 11-08
the Following Materials Standards Have Been Established for a Particular

question 10

Multiple Choice

Reference: 11-08
The following materials standards have been established for a particular product: $$\begin{array}{l}\begin{array} { | l | l | l | } \hline \text { Standard quantity per unit of output } & 1.9 & \text { grams } \\\hline \text { Standard price } & \$ 18.00 & \text { per gram } \\\hline\end{array}\\\text { The following data pertain to operations concerning the product for the last month: }\\\begin{array} { | l | l | l | } \hline \text { Actual materials purchased } & 5,800 & \text { grams } \\\hline \text { Actual cost of materials purchased } & \$ 108,460 & \\\hline \text { Actual materials used in production } & 5,200 & \text { grams } \\\hline \text { Actual output } & 2,700 & \text { units } \\\hline\end{array}\end{array}$$
-Last month 75,000 grams of direct material were purchased and 70,000 grams were used. If the actual purchase price per gram was $0.25 more than the standard purchase price per gram, then the material price variance was?

• A)$17,500 F
• B)$18,750 U
• C)$17,500 U
• D)$18,750 F

Recognize the historical evolution of gender roles in the United States.

Analyze reasons for the underutilization of medical and psychological care by men.

Identify the factors contributing to the feeling of powerlessness among men.

Discuss the implications of gender role conflict and stress.

---

Definitions:

Dividend Irrelevance Hypothesis

A theory suggesting that the dividend policy of a company is irrelevant to its market value, as long as the firm's investment and financing decisions are unchanged.

Larger Dividends

An increase in the amount of money paid out to shareholders from a company's earnings, typically reflecting its strong financial health or a strategy to return more capital to investors.

Selling Price

The amount of money for which an item or service is sold in the market.

Internal vs. External

A distinction often made in business and economics to compare processes, assets, or influences originating within an organization versus those coming from outside.