Which of the Following Could Cause a Debit Balance in the Direct

question 69

Multiple Choice

Which of the following could cause a debit balance in the direct material price variance accounts?

• A)paying more than the standard price per unit for direct material
• B)paying less than the standard price per unit for direct material
• C)using more than the standard quantity of direct material
• D)using less than the standard quantity of direct material

Calculate the weighted average number of common shares outstanding.

Distinguish between simple and complex capital structures and their implications on EPS reporting.

Understand the adjustment of EPS for convertible securities and stock options.

Identify the items included and excluded in the basic EPS calculation.

---

Definitions:

Actors

Individuals who perform in stage plays, movies, television shows, or other productions, portraying characters.

Observers

Individuals who watch or notice something without directly participating in the action.

Private Thoughts

Thoughts that are not expressed verbally or shared with others, often personal or reflective in nature.

Talking

The act of engaging in spoken communication to convey messages, information, or express thoughts and emotions.