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James Inc.'s flexible budget for June,based upon actual output,called for the use of 10,500 pounds of materials at a standard cost of $7.40 per pound.The Production Department actually used 10,700 pounds of materials costing $7.10 per pound during June.
-The materials quantity variance for James's June operations is:
Cultural Norms
Cultural norms are the shared expectations and rules that guide behavior of people within social groups.
Amoral Manager
A type of manager who lacks a clear understanding or concern for the ethical implications of their decisions and actions in the business environment.
Ethical Implications
The moral consequences or considerations associated with a particular action, decision, or policy, evaluating its rightness or wrongness.
Utilitarian Benefits
Utilitarian benefits refer to the functional or practical advantages that consumers receive from using a product or service, emphasizing usability and efficiency.
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