Matinna Co

question 41

Multiple Choice

Matinna Co.maintains no inventories and has the following data pertaining to one of its direct materials in July:
All materials purchased during the month were issued to production.What was the direct materials purchase-price variance for July?

• A)$1,500 favorable.
• B)$3,000 unfavorable.
• C)$3,000 favorable.
• D)$7,500 unfavorable.
• E)$7,500 favorable.

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Definitions:

Status Quo

The existing state of affairs or current condition.

Openness To Experience

A personality trait characterized by a willingness to try new things, being imaginative, and appreciating art and beauty.

Charismatic Leaders

Leaders who inspire and motivate followers through their personal magnetism, communication skills, and compelling vision.

Leader Charisma

The compelling attractiveness or charm that a leader possesses, which can inspire devotion and enthusiasm in others.