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

question 45

Multiple Choice

Use the information below to answer the following question(s) .
Sawyer Industries Inc. (SII) , developed standard costs for direct material and direct labour. In 2013, SII estimated the following standard costs for one of their major products, the 30-litre heavy-duty plastic container.
During July, SII produced and sold 10,000 containers using 2,200 kilograms of direct materials at an average actual cost per kilogram of $24 and 1,050 direct manufacturing labour hours at an average actual wage of $14.75 per hour.
-July's direct material price variance is

• A) $2,800 favourable.
• B) $2,200 favourable.
• C) $5,000 unfavourable.
• D) $2,200 unfavourable.
• E) $2,000 favourable.

Understand the foundational theories related to interpersonal attraction and relationship development.

Identify and define the different relationship types and dynamics.

Recognize the stages of relationship escalation and de-escalation.

Explain the role of self-concept, self-disclosure, and communication in forming and maintaining relationships.

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Definitions:

Beginning of the Year

Refers to the start of a fiscal or calendar year, marking the time frame used for financial and operational planning and analysis.

Predetermined Overhead Rate

A rate calculated before a period begins, used to assign manufacturing overhead costs to products based on a relevant activity base.

Manufacturing Overhead Applied

The portion of manufacturing overhead costs allocated to each unit of production based on a predetermined rate.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials, labor, and manufacturing overhead.