RJB Builders Makes Mouldings

question 92

Multiple Choice

RJB Builders makes mouldings.Its standard quantity of material allowed is 1 m of wood per 1 m of moulding at a standard price of $2.00 per metre.During September,RJB Builders purchased 500,000 m of wood at a cost of $1.90 per metre,which produced only 499,000 m of moulding.What was the materials price variance and the materials usage variance,respectively?

• A)$49,900 U and $2,000 F
• B)$49,900 F and $1,900 U
• C)$50,000 F and $1,900 U
• D)$50,000 F and $2,000 U

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Definitions:

Censoring Dissent

The act of suppressing opinions that are contrary to those of the majority or in power, often seen in political, social, or cultural contexts.

Group Polarization

The phenomenon where the attitude of a group becomes more extreme than the initial attitude of its members following group discussions.

Outgroups

Groups of people not belonging to the main or dominant group, often perceived as different or outside the main group.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members, often observed following group discussions.