Cabot Company Collected the Following Data Regarding Production of One

question 100

Multiple Choice

Cabot Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance.

• A) $2,430 unfavorable.
• B) $3,570 unfavorable.
• C) $2,430 favorable.
• D) $6,000 unfavorable.
• E) $3,570 favorablE.AQ x SP = 243,000 x $2.00 = $486,000

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Definitions:

Content Validity

The extent to which a test samples the behavior that is of interest.

Reliability

The extent to which a test yields consistent results, as assessed by the consistency of scores on two halves of the test, or on retesting.

Mental Age

A measure of an individual's cognitive ability compared to the average cognitive ability for their chronological age.

Heredity

The genetic transmission of characteristics from parents to offspring, determining certain physical or behavioral traits.