An Unfavourable Materials Quantity Variance Would Occur If

question 50

Multiple Choice

An unfavourable materials quantity variance would occur if

• A)more materials are purchased than are used.
• B)actual kilograms of materials used were less than the standard kilograms allowed.
• C)actual labour hours used were greater than the standard labour hours allowed.
• D)actual kilograms of materials used were greater than the standard kilograms allowed.

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Definitions:

Bartolomeo Vanzetti

An Italian-American anarchist, who was controversially convicted and executed for murder, sparking worldwide protests in the early 20th century.

Arsène Pujo

A Congressman from Louisiana who led the Pujo Committee during its investigation of the "money trust," exposing the control of America's money and credit by a few financiers in the early 20th century.

Wall Street

The financial district of New York City, often used metonymically to refer to the financial markets and investment community in the United States.

Stock Prices

The cost of purchasing a share of a company's stock, determined by market factors including supply and demand, company performance, and external economic conditions.