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

question 180

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 2019, SII estimated the following standard costs for one of their major products, the 30-litre heavy-duty plastic container. During July 2020, 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 flexible-budget variance is

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

Understand the impact of company announcements on future dividends and stock valuation.

Understand the concepts and distinctions between experimental and correlational research, including their abilities to establish causal relationships.

Identify the role of independent and dependent variables in an experimental design.

Understand the significance of control procedures such as random assignment and double-blind procedures in enhancing the validity of experimental findings.

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Definitions:

Reconstruction

The period following the Civil War from 1865 to 1877 in the United States, aimed at rebuilding the South and integrating freed slaves into society.

Constitutional Amendment

A modification or change to the Constitution, which is the supreme law of the land, requiring a rigorous process for adoption that often reflects significant shifts in societal values or governance.

Freedmen

Enslaved individuals who were emancipated, especially after the American Civil War, and their descendants.

Equality

A principle that emphasizes that all people should be treated as equals in rights, opportunities, and status.