Based on the Information Given for a Variance, Indicate Whether

question 134

Short Answer

Based on the information given for a variance, indicate whether the variance is favorable or unfavorable. $$\begin{array} { | l | l | l | l | } \hline \text { Item to classify } & \text { Flexible budget } & \text { Actual } & \begin{array} { l } \text { Variance - Favorable or } \\\text { Unfavorable? }\end{array} \\\hline \text { Cost of direct materials } & \$ 30,000 & \$ 31,200 & \\\hline\end{array}$$

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Definitions:

Across Culture Competency

The ability to understand, communicate with, and effectively interact with people across different cultures.

Global Virtual Team

A group of individuals who work across time zones, physical distance, and organizational boundaries through electronic communication technology.

Emotions And Sentiments

Feelings that are part of human experience, affecting perceptions, decisions, and interactions with others.

Global Teams

Teams that are composed of members from different geographical locations and often work across time zones via digital communication tools.