A Reaction Is Product-Favored When

question 58

Multiple Choice

A reaction is product-favored when

• A) Q < K and _rG < 0.
• B) Q < K and _rG > 0.
• C) Q = K and _rG = 0.
• D) Q > K and _rG < 0.
• E) Q > K and _rG > 0.

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Definitions:

Direct Labor Payroll

The total amount of money paid to employees directly involved in manufacturing products or providing services.

Standard Rate of Pay

The regular amount of pay given for standard work hours or for performing a standard task or job.

Unfavorable Variance

The difference between actual costs and standard or budgeted costs when actual costs are higher, indicating lower profitability.

Actual Costs

The real, specific expenses incurred or required to perform an operation, produce an item, or offer a service.