Devoto Inc

question 113

Multiple Choice

Devoto Inc. has provided the following data concerning one of the products in its standard cost system.
The company has reported the following actual results for the product for June:

-The raw materials quantity variance for the month is closest to:

• A) $77 U
• B) $85 F
• C) $85 U
• D) $77 F

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Definitions:

Underemployment

The condition in which people in a labor force are employed at less than full-time or regular jobs or at jobs inadequate with respect to their training or economic needs.

Skilled Workers

Individuals who have specialized training, experience, and expertise that enable them to perform complex tasks.

Labor Force

The total number of people employed or actively looking for employment in an economy.

Export-Promotion Strategy

An economic policy aimed at encouraging domestic producers to export goods, typically through government support measures like subsidies, tax incentives, or easing regulatory requirements.