If the Materials Price Variance Is $600 F and the Materials

question 95

Multiple Choice

If the materials price variance is $600 F and the materials quantity and labour variances are each $450 U, what is the total materials variance?

• A)$600 F
• B)$450 U
• C)$150 F
• D)$1,050 U

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Definitions:

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A method in agriculture where different types of crops are grown in the same area in sequenced seasons to improve soil health and reduce pests.

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An economic system where the means of production are owned and managed collectively or by the state, aiming for equal wealth distribution and reducing social class differences.

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