Hushovd Iron Works Has Collected the Following Data for Its

question 50

Multiple Choice

Hushovd Iron Works has collected the following data for its Thunderbolt line of products: What is the direct material price variance?

• A)$4,000 favorable
• B)$4,000 unfavorable
• C)$3,500 favorable
• D)$3,500 unfavorable

---

Definitions:

iTunes Download

A digital file, such as music or a movie, purchased and downloaded from Apple's iTunes platform.

Marginal Benefit

The increase in satisfaction or usefulness gained from the consumption of an additional unit of a good or service.

Marginal Cost

The expense associated with manufacturing an extra unit of a product or service.

Streetlights

Outdoor lighting installed along streets and in public areas to provide illumination during the night for visibility and safety.