The Following Data Is Given for the Stringer Company

question 33

Multiple Choice

The following data is given for the Stringer Company: Overhead is applied on standard labor hours.
The direct materials price variance is:

• A) $22,800 unfavorable
• B) $22,800 favorable
• C) $52,000 unfavorable
• D) $52,000 favorable

---

Definitions:

Milk

A nutrient-rich liquid food produced by the mammary glands of mammals, commonly consumed by humans as a beverage or used in food production.

Utility Functions

Mathematical representations that quantify an individual's preference ordering over a set of alternatives.

Marginal Rate of Substitution

The rate at which a consumer is willing to give up one good in exchange for another good while maintaining the same level of utility.

Wheat

A cereal grain that is a worldwide staple food, known for its application in various foods like bread, pasta, and more.