The Following Information Is for Doran Corporation

question 20

Multiple Choice

The following information is for Doran Corporation:
^*Direct material is measured in pounds
-The price variance for direct material is

• A) $30,000 favourable.
• B) $30,000 unfavourable.
• C) $31,000 unfavourable.
• D) $31,000 favourable.

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Definitions:

Monthly

Occurring, produced, or done each month.

Simple Interest Rate

The rate at which simple interest is paid or earned over a certain period, typically expressed as a percentage.

Days

Units of time equivalent to 24 hours, representing the approximate period it takes for the Earth to complete one rotation on its axis.

Grow

To increase in size, amount, or intensity over time.