Global Company Makes a Product That Is Expected to Use

question 15

Multiple Choice

Global Company makes a product that is expected to use 2.2 pounds of material per unit of product.The material has a standard cost of $2 per pound.Global actually used 2.3 pounds of material per unit of product made in January.The actual cost of material was $1.95 per pound.Based on this information alone,the materials variances for the January production would be:

• A) Favorable for price and unfavorable for usage.
• B) Unfavorable for price and favorable for usage.
• C) Unfavorable for price and unfavorable for usage.
• D) Favorable for price and favorable for usage.

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Definitions:

Group Therapy

A form of psychotherapy in which a small, structured group of clients meet regularly to talk, interact, and discuss problems with each other and the therapist.

Social Skills

The abilities necessary for effective interpersonal interactions, such as communication, empathy, and conflict resolution.

Psychodynamic

A psychological perspective that emphasizes the influence of the unconscious mind on behavior, often focusing on childhood experiences.

Cognitive-behavioral Therapy

A type of psychotherapy that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic procedure.