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Whistler Company Determined That in the Production of Their Products

question 104

Essay

Whistler Company determined that in the production of their products last period; they had a favorable price variance and an unfavorable quantity variance for direct materials. What might be the cause of this pattern of variances?


Definitions:

Drive Reduction Theory

A motivational theory proposing that the maintenance of homeostasis motivates behavior that reduces drives arising from physiological needs.

James-Lange Theory

A psychological theory suggesting that emotions result from people's interpretations of bodily reactions to external events.

Cannon-Bard Theory

The proposition that emotion and physiological reactions occur simultaneously.

Polygraph

An instrument that measures and records several physiological indicators such as blood pressure, pulse, respiration, and skin conductivity while the subject answers questions, used to infer truths or lies.

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