Use the Information Below to Answer the Following Question(s)

question 48

Multiple Choice

Use the information below to answer the following question(s) .Tractor Corporation produces toy tractors.The company uses the following direct cost categories:
Actual performance for the company is shown below:
Actual output: 5,000 units
Direct Materials:
Direct Manufacturing Labour:
Direct Marketing Labour:

-What is the rate variance of the direct materials?

• A)$10,000 favourable
• B)$11,500 unfavourable
• C)$11,500 favourable
• D)$10,000 unfavourable
• E)$11,000 favourable

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Definitions:

Political Process

The methods and actions used to formulate and apply policies within a government or political system.

Representative Democracy

Representative democracy is a form of government in which citizens elect representatives to make decisions and govern on their behalf, rather than each citizen voting on every issue directly.

Government Action

Measures or operations taken by a government to regulate or influence economic or social outcomes.

Political Action

Activities undertaken by individuals or groups to influence or participate in politics or public policy.