When a Manufacturing Company Uses a Standard Cost System,an Unfavorable

question 107

True/False

When a manufacturing company uses a standard cost system,an unfavorable variance is a contra expense.

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Definitions:

Relaxed And Informal

Describes a manner or environment that is casual, unstructured, and without stringent rules or formalities.

Formal

Pertaining to or following established forms or rules; official, proper, or ceremonial in nature.

First-Borns

Individuals born as the eldest child in their family, often attributed with specific behavioral or personality traits due to their birth order.

Achievement

The successful completion or attainment of a goal, often recognized by some form of reward or acknowledgment.