Examlex

Solved

Alexis and Matthew Are Twins Who Attended Elementary School Through

question 211

Multiple Choice

Alexis and Matthew are twins who attended elementary school through college together. Both twins got jobs in the same department of a marketing firm. They both work equally hard and have received similar performance reviews. Alexis earns $57,000 a year, and Matthew earns $72,000 a year. Select the best explanation for this wage difference.


Definitions:

Direct Materials

Raw materials that are directly traceable to the production of specific goods or services and are a part of the finished product.

Spending Variance

The difference between the actual spending and budgeted or expected spending, used to assess financial management and cost control.

Direct Materials

Materials that are directly traceable to the production of a specific product.

Tenant-Days

A measure used in the hospitality or rental sector representing the total number of days rented out to tenants.

Related Questions