The Standard Quantity Allowed for the Units Produced Was 4500

question 242

Multiple Choice

The standard quantity allowed for the units produced was 4500 pounds the standard price was $2.50 per pound and the materials quantity variance was $375 favorable. Each unit uses 1 pound of materials. How many units were actually produced?

• A) 4350
• B) 4500
• C) 11625
• D) 4650

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Definitions:

Experimenter Bias

A form of bias introduced by the experimenter whose expectations about the outcome of the experiment can be subtly communicated to the participants in the experiment.

Faulty Memory

Errors or inaccuracies in recalling past events or information, which can arise from various factors such as misinformation, distortion, or forgetting.

Double-Blind Research Study

An experimental research design in which neither the participants nor the researchers know who is receiving the experimental treatment and who is receiving a placebo, reducing biases in the results.

Independent Variables

Factors in an experiment that are deliberately manipulated to determine their effect on dependent variables.