Livingston Company Has Developed Capacity Standards

question 54

Multiple Choice

Livingston Company has developed capacity standards. Information is as follows: The volume variance is

• A) there is no variance.
• B) $50,000 unfavorable.
• C) $20,000 unfavorable.
• D) $30,000 unfavorable.

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Definitions:

Administration

This term generally pertains to the management, organization, and supervision of the affairs and operations of institutions or businesses.

Child Abuse

Any action by another person – adult or child – that causes significant harm to a child.

Substance Abuse

The damaging or dangerous utilization of substances that affect mental processes, such as alcohol and illegal drugs.