The Following Data Relate to the Latest Period

question 8

Multiple Choice

The following data relate to the latest period. 11ec37eb_8baf_3476_97b9_6b632ba0e6a0__00 A statement is to be prepared that reconciles the difference between the flexible budget profit and the actual profit. Which TWO of the following will appear on this statement? (Choose two.)

• A) A favourable labour rate variance.
• B) A favourable sales volume contribution variance.
• C) An adverse sales price variance.
• D) An adverse labour efficiency variance.
• E) An adverse material price variance.

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Definitions:

Solvolysis

A chemical reaction in which the solvent plays the role of a reactant, breaking bonds within the substrate molecule, often involving water or alcohol.

Methanol

A basic type of alcohol known by the chemical formula CH3OH, utilized in various applications including as a solvent, antifreeze, fuel, and as a starting point for the synthesis of other chemical compounds.

Relative Rate

A measure of the speed at which one reactant in a chemical reaction is consumed compared to another, often used to determine mechanisms in kinetics studies.

Reactivity

The tendency of a substance to undergo chemical reaction, either by itself or with other materials.