Scotto Designs Has the Following Standards to Make One Scarf

question 101

Multiple Choice

Scotto Designs has the following standards to make one scarf: $\begin{array}{lrr} & {\text { Standard Quantity }} & \text { Standard Price } \\\text { Direct materials }& 1.2 \text { yards per scarf } & \$ 4.70 \text { per yard } \\\text { Direct labor } & 0.15 \text { hours per scarf } & \$ 11.00 \text { per hour }\end{array}$ The company used 985 yards of material in order to make 800 scarves in April.The company purchased 1,100 yards at $4.60 per yard.How much is the direct materials price variance?

• A)$110 favorable
• B)$118 unfavorable
• C)$8 unfavorable
• D)$98.50 favorable

Describe the goals of bankruptcy laws and the general procedures followed in bankruptcy cases.

Understand the basics of different types of liens and how they are created.

Comprehend the role and liability of sureties and guarantors in debt agreements.

Identify the procedures and requirements for creating, enforcing, and challenging liens.

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Definitions:

Physiological Processes

Biological functions and activities that maintain living organisms, encompassing everything from breathing to digestion.

Sexual Arousal

A state of heightened excitement and readiness for sexual activity, often characterized by physical and psychological changes.

Orgasm

The peak of sexual excitement, characterized by intense pleasure and followed by the release of sexual tensions.

Physiological Changes

Modifications in the body's normal biological functions, which may occur over time or due to specific conditions.