A Company Developed the Following Per-Unit Standards for Its Product

question 201

Multiple Choice

A company developed the following per-unit standards for its product: 2 gallons of direct materials at $8 per gallon. Last month 3000 gallons of direct materials were purchased for $22800. The direct materials price variance for last month was

• A) $22800 favorable.
• B) $600 favorable.
• C) $1200 favorable.
• D) $1200 unfavorable.

Understanding the concept of group homogeneity in organizations.

Identifying the importance of test relevance and validity in job selection processes.

Recognizing and addressing workplace harassment.

Understanding the focus and scope of industrial/organizational psychology.

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Definitions:

Warm-blooded Emotional Murders

Killings driven by intense emotions or passion, often distinguished from premeditated, cold-blooded murders.

Acquaintances

Individuals one knows slightly, but who are not close friends.

Minority Groups

Demographic segments of the population that differ from the majority in certain characteristics, often leading to unequal treatment or discrimination.

Unemployed

Individuals who are not engaged in paid work but are available for and seeking employment.