A Favorable Direct Materials Price Variance and an Unfavorable Direct

question 20

Multiple Choice

A favorable direct materials price variance and an unfavorable direct materials quantity variance might indicate which of the following?

• A)Less expensive, inferior materials requiring less than the standard amount were used in production.
• B)Less expensive, inferior materials requiring more than the standard amount were used in production.
• C)More expensive, superior materials requiring more than the standard amount were used in production.
• D)More expensive, superior materials requiring less than the standard amount were used in production.

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Definitions:

Slavery Expansion

The historical growth or spread of slavery, especially in the United States pre-Civil War, often a contentious issue between states.

Senate

A legislative body in various political systems, often the upper house in a bicameral legislature, responsible for making laws, decisions, and usually representing territorial entities.

Republicanism

A political ideology centered on citizenship in a state organized as a republic under which the people hold popular sovereignty.

Social Equality

The condition in which all individuals within a society have the same status in certain respects, including civil rights, freedom of speech, property rights, and equal access to social goods and services.