Which Material Has the Greatest Potential for Recycling? WHY

question 65

Multiple Choice

Which material has the greatest potential for recycling? WHY?

• A)aluminum cans because less are being recycled than glass bottles
• B)aluminum cans because more aluminum cans than glass bottles are used once
• C)glass bottles because almost as many bottles are used once as recycled
• D)glass bottles because 10 tons have already been recycled, so technology is in place
• E)both aluminum cans and glass bottles have the same potential for recycling

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Definitions:

Direct Labor Time Variance

A measure used in cost accounting to analyze the difference between actual hours worked and the standard hours expected for a task.

Standard Costs

Predetermined costs assigned to goods and services, used as targets for performance evaluation.

Actual Costs

The real costs incurred in the production of goods or provision of services, as opposed to estimated or standard costs.

Direct Materials Price Variance

The difference between the actual cost of direct materials used in production and the standard cost, multiplied by the actual quantity of materials used.