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question 2

Multiple Choice

[The following information applies to the questions displayed below.]
Maple Company's flexible budget,based upon the number of equivalent units produced,called for the use of 5,000 square yards of fabric at a standard cost of $2.45 per square yard.The Production Department actually used 5,200 square yards costing $2.35 per square yard during June.
-The materials price variance for Maple Company for June is:

• A)$520 favorable.
• B)$990 favorable.
• C)$30 unfavorable.
• D)$520 unfavorable.

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Definitions:

Expected Return

The anticipated return on an investment over a specified period, integrating all possible outcomes.

Portfolio Weights

Percentage of a portfolio’s total value in a particular asset.

Market Values

The listed market price for an asset or service available for immediate transaction.

Corporate Bonds

Debt securities issued by corporations to fund their operations, capital improvements, or expansions, offering periodic interest payments and the return of principal at maturity.