The Following Data Relate to Logan Corporation's Only Product: Direct

question 27

Multiple Choice

The following data relate to Logan Corporation's only product: Direct material standard: 4 square feet at $1.50 per square foot
Direct material purchased: 20,000 square feet at $1.60 per square foot
Direct material consumed: 19,200 square feet
Manufacturing activity: 4,600 units completed
The direct-material price variance is:

• A)$1,920F.
• B)$1,920U.
• C)$2,000F.
• D)$2,000U.
• E)$2,880U.

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Definitions:

Pavlov's Experiment

A foundational study in behavioral psychology that demonstrated classical conditioning through the use of dogs, a bell, and food.

Unlearned Response

A natural, instinctive reaction that does not require prior learning or experience to occur, such as a reflex.

Learned Response

Behaviors or skills that are acquired or modified through experience or conditioning.

Prefrontal Lobotomy

A surgical procedure that was once used to treat mental illness, involving the removal or destruction of parts of the prefrontal cortex of the brain.