If the Standard Quantity of Materials Is 84,500 Units @

question 11

Multiple Choice

If the standard quantity of materials is 84,500 units @ $0.15 per unit and the actual quantity is 95,000 units @ $0.12 per unit,then the materials price variance is:

• A)$2,850 Favorable.
• B)$1,575 Unfavorable.
• C)$1,275 Favorable.
• D)$2,850 Unfavorable.

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Definitions:

Social Media Profiles

The personal or business pages on social media platforms where users share their personal information, interests, and updates.

Brand Identity

The visual and conceptual elements that together represent how a brand is perceived, including its logo, design, and overarching message.

Standardizing

Involves creating uniform procedures or criteria to ensure consistency and comparability across different units or measures.

Clearinghouse

An intermediary agency that facilitates transactions between buyers and sellers, particularly in financial markets or health care claims.