If the Standard to Produce a Given Amount of Product

question 96

True/False

If the standard to produce a given amount of product is 1,000 units of direct materials at $11 and the actual is 800 units at $12, the direct materials quantity variance is $1,000 unfavorable.

---

Definitions:

Karen Horney

Karen Horney was a psychoanalyst who postulated theories on neurosis, personality, and the importance of social and cultural factors in mental health, diverging from Freudian viewpoints.

Ego

In psychoanalytic theory, the part of the psyche that mediates between the demands of the id, the superego, and the external world.

Identity

The understanding or concept of oneself as a unique individual, including aspects of self-concept and social identity.