A Company Provided the Following Direct Materials Cost Information

question 110

Multiple Choice

A company provided the following direct materials cost information. Compute the direct materials quantity variance.

• A) $78,250 Favorable.
• B) $2,750 Unfavorable
• C) $2,750 Favorable.
• D) $2.500 Favorable.
• E) $2,500 Unfavorable.

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Definitions:

Evolutionary Psychology

A conceptual strategy in the realms of social and natural sciences, exploring the configuration of the psyche based on recent evolutionary insights.

Individual Differences

Variations among individuals on a variety of psychological and physical characteristics, such as abilities, preferences, and traits.

Psychologically Evolved Mechanism

Psychologically evolved mechanisms are innate aspects of the human mind that have developed over time to solve specific problems of survival or reproduction.

Social Dominance

A theoretical and observational concept regarding the hierarchical rank and ensuing behaviors that determine an individual's control or influence over resources within a social group.