The Unemployment Rate Is High in the City in Which

question 175

Multiple Choice

The unemployment rate is high in the city in which a company has a factory. The company finds that they are able to pay new employees a lower wage per hour than when the unemployment rate was lower a year ago. Which of the following variances may be directly impacted?

• A)Direct materials price variance
• B)Direct materials quantity variance
• C)Direct labor efficiency variance
• D)Direct labor rate variance

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Definitions:

Norms

Understood rules for accepted and expected behavior. Norms prescribe “proper” behavior.

Negative Arousal

A state of being emotionally stimulated in a negative way, such as feeling stressed, angry, or scared, often leading to psychological discomfort.

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values.

Brain Regions

Specific areas within the brain, each responsible for different functions such as emotion, thought, movement, and sensation.