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The per-unit standards for direct materials are 2 pounds at $5 per pound. Last month 11200 pounds of direct materials that actually cost $53000 were used to produce 6000 units of product. The direct materials quantity variance for last month was
Ethical Implications
The moral consequences or considerations associated with a particular action, decision, or policy, evaluating its rightness or wrongness.
Utilitarian Benefits
Utilitarian benefits refer to the functional or practical advantages that consumers receive from using a product or service, emphasizing usability and efficiency.
General Ethical Principle
Foundational guidelines that govern behaviors and decisions based on notions of right and wrong.
Greater Good
The concept that certain actions or policies are justified or desirable because they benefit the majority or advance a noble cause, even if they might not benefit everyone.
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