Use the following information for the next 2 questions.
Given the following account balances at the end of the first year of operations: 
-Assuming that variances are considered material, the entry and amount of the direct material efficiency variance allocated to work in process inventory is
Definitions:
Negotiation Tactic
A negotiation tactic is a specific technique used by a negotiator to influence the negotiation process and steer it toward a favorable outcome.
Negotiating Table
A metaphorical or physical location where parties come together to discuss and resolve conflicts or reach deals.
Capitulate
To surrender or give in to the other party's demands in a negotiation, often under pressure or as a last resort.
Stereotypes
Oversimplified and generalized beliefs or expectations about a group of people, based on assumptions about their characteristics.
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