Dillon Has a Standard of 1

question 126

Multiple Choice

Dillon has a standard of 1.5 pounds of materials per unit at $6 per pound. In producing 2000 units Dillon used 3100 pounds of materials at a total cost of $18135. Dillon's total variance is

• A) $450 F.
• B) $135 U.
• C) $465 U.
• D) $600 U.

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Definitions:

Retrieval Period

The timeframe during which a memory or piece of information is recalled or retrieved from the storage after learning.

Decay Theory

A theory of forgetting that proposes that memories may fade or erode over time in the absence of rehearsal or usage.

Sensory Memory

The very first system in memory, in which raw information from the senses is held for a very brief period of time.

Short-Term Memory

The capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.