What Does a Favorable Direct Materials Cost Variance Indicate

question 66

Multiple Choice

What does a favorable direct materials cost variance indicate?

• A)The actual quantity of materials used was less than the standard quantity.
• B)The actual cost of materials purchased was less than the standard cost of materials purchased.
• C)The actual cost of materials purchased was greater than the standard cost of materials purchased.
• D)The actual quantity of materials used was greater than the standard quantity.

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Definitions:

Gender Roles

Socially constructed roles, behaviors, expectations, and activities that society considers appropriate for men and women.

Secondary Sex Characteristics

Physical traits that are not directly involved in reproduction but distinguish between the sexes, such as facial hair in males and breast development in females.

Egocentrism

In developmental psychology, the inability to differentiate between one's own perspective and someone else's perspective.

Erikson's Crises

A series of eight stages through which a healthily developing human should pass from infancy to late adulthood, each stage marked by a different psychological crisis.