The Following Company Information Is Available

question 69

Multiple Choice

The following company information is available. The direct materials quantity variance is:

• A) $10,000 unfavorable.
• B) $13,200 unfavorable.
• C) $9,600 unfavorable.
• D) $10,000 favorable.
• E) $13,200 favorablE.

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Definitions:

Factor B

A variable or element in an experiment or model that is manipulated to determine its effect on outcomes, often used in factorial designs.

Interaction Effect

Occurs when the effect of one independent variable on the dependent variable differs depending on the levels or values of another independent variable.

F-Ratio

The ratio used in analysis of variance (ANOVA) to compare the variance between groups to the variance within groups.

Main Effect

The main effect is the impact of an independent variable on a dependent variable in a statistical model, ignoring other variables' influences.