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:

Utility

A measure of satisfaction, usefulness, or value that an individual obtains from consuming a good or service.

Avocado

A fruit with a creamy texture that grows in warm climates, rich in monounsaturated fats and nutrients.

Crab Dip

A savory spread or appetizer made primarily from crab meat mixed with cream cheese, herbs, and spices.

Crackers

A dry, thin baked food typically made from flour and seasoned.