Answer the Following Questions Using the Information Below

question 235

Multiple Choice

Answer the following questions using the information below:
Wagga Wagga Printing Incorporated planned to use $12 of material per unit but actually used $14 of material per unit,and planned to make 1000 units but actually made 1200 units.
-The sales-volume variance is:

• A)$2400 favourable.
• B)$1200 unfavourable.
• C)$6000 favourable.
• D)$5000 unfavourable.

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Definitions:

Social Stratification

The hierarchical arrangement and classification of individuals or groups in society based on wealth, income, social status, occupation, or other criteria.

Marx

Refers to Karl Marx, a 19th-century philosopher, economist, and revolutionary, best known for his theories about capitalism and communism.

Weber

Max Weber, a German sociologist, philosopher, and political economist known for his theories on the structure of society, bureaucracy, and the nature of authority.

Status Attainment Model

A sociological perspective that explains an individual's position within society based on educational achievement, occupational status, and other factors.