Luma Incorporated Has Provided the Following Data Concerning One of the Products

question 75

Multiple Choice

Luma Incorporated has provided the following data concerning one of the products in its standard cost system. The company has reported the following actual results for the product for September:
The raw materials quantity variance for the month is closest to:

• A) $69 Favorable
• B) $78 Favorable
• C) $69 Unfavorable
• D) $78 Unfavorable

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Definitions:

Sense of Accomplishment

The feeling of pride and satisfaction that comes from achieving something significant or completing a task.

Sales Quota

A set performance goal or target amount of sales that a salesperson or team is expected to achieve in a specified time frame.

Facial Expressions

Visible changes in the face that communicate emotional states or reactions, considered a fundamental aspect of non-verbal communication.

Emotional Meaning

The significance or importance an individual associates with objects, actions, or concepts, based on their feelings or emotions.