Pardee, Inc The Actual Direct Materials Price Paid Per Unit Was:
A)

question 21

Multiple Choice

Pardee, Inc. completed operations for the week and the accountant was preparing to make journal entries necessary to prepare a set of interim financial statements. Unfortunately, he discovered some of the data concerning direct materials had been lost. He was able to find the following: $$\begin{array} { l c } \text { Efficiency variance } & \$ 4,500 \text { Unfavourable } \\\text { Standard price } & \$ 10 \text { per unit } \\\text { Actual units purchased } & 9,000 \\\text { Inventory decrease } & 1,000 \text { units } \\\text { Budget variance } & \$ 900 \text { Favourable }\end{array}$$ The actual direct materials price paid per unit was:

• A) $9.60
• B) $9.40
• C) $10.00
• D) $10.60

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Definitions:

Workforce

The group of individuals engaged in work or available for work, either in a specific industry or in the labor market as a whole.

Diverse

Showing a great deal of variety; very different from each other.

Absenteeism Rate

A metric that measures the rate at which employees are absent from work during a defined period.

Older Workers

Individuals within the workforce who are nearing or have surpassed the typical age of retirement, often experienced and potentially facing age-related biases or discrimination.