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Mcphail Inc.has a standard cost system.The standards for direct materials for one of its products specify 6.6 grams of a particular input per unit of output at a standard cost of $7.40 per gram.The company has reported the following actual results for the product for September: Required:
a.Compute the materials price variance for this input for September.
b.Compute the materials quantity variance for this input for September.
Organizational Pressure
The internal or external forces that influence the behaviors and decisions of individuals within a company.
Internal Source
Originating from within an organization or individual, as opposed to coming from external influences.
Workplace Diversity
The inclusion of a variety of people in a workplace, encompassing differences in race, ethnicity, gender, age, religion, ability, and sexual orientation.
Social Norms
Informal understandings that govern the behavior of members of a society, dictating how individuals are expected to behave in specific situations.
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