Cabot Company Collected the Following Data Regarding Production of One

question 60

Multiple Choice

Cabot Company collected the following data regarding production of one of its products.Compute the direct materials cost variance. $$\begin{array} { l l } \text { Direct materials stardard (6lbs. @ } \$ 2 / lb ) & \$ 12 \mathrm { per } \text { firished urit } \\\text { Actual direct materials used } & 243,000 \mathrm { lbs } \\\text { Actual firished urits produced } & 40,000 \mathrm { units } \\\text { Actual cost of direct materials used } & \$ 483,570\end{array}$$

• A)$6,000 favorable.
• B)$3,570 unfavorable.
• C)$2,430 favorable.
• D)$6,000 unfavorable.
• E)$3,570 favorable.

Comprehend the relationship between cognitive processing and brain function.

Understand the concept of symbolic interactionism and its implications on self-evaluation.

Recognize the methods and tools, such as the EAR device, used in psychological research to study social behavior and personality.

Grasp how situational contexts, including gender and social roles, influence self-concept and identity.

---

Definitions:

Yellowstone National Park

A national park primarily located in Wyoming, USA, known for its wildlife and its many geothermal features, especially Old Faithful geyser.

Afar Region

A geologically active area located in the Horn of Africa, known for its unique geological features including the Afar Triangle and part of the Great Rift Valley.

Crystalline Rocks

Rocks composed of crystals that are tightly interlocked, typically formed through the cooling and solidification of magma or by metamorphism.

Continental Shield

A large geological area composed of Precambrian crystalline rocks that are often millions of years old, making up the stable parts of continents.