Puget Company Has Gathered the Following Information About Its Purchase

question 57

Multiple Choice

Puget Company has gathered the following information about its purchase and use of raw materials for December:

Puget Company uses a standard cost system.What is the materials price variance?

• A)$575 favorable
• B)$575 unfavorable
• C)$500 favorable
• D)$500 unfavorable

---

Definitions:

Antislavery Factions

Groups that were opposed to slavery and worked towards its abolition in the nineteenth century.

Seneca Falls Convention

An 1848 meeting in Seneca Falls, New York, which marked the start of the women's suffrage movement in the United States.

Political Parties

Organizations that aim to capture political power in a country by participating in elections and representing specific ideologies or interests.

Interest Groups

Organizations or collectives that seek to influence public policy and government decisions based on shared concerns or goals.