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Salvador Company Has Developed Capacity Standards

question 42

Multiple Choice

Salvador Company has developed capacity standards. Information is as follows for a value-added activity: Salvador Company has developed capacity standards. Information is as follows for a value-added activity:   The unused capacity variance is A)  There is no variance. B)  $60,000 favorable. C)  $40,000 favorable. D)  $20,000 favorable. The unused capacity variance is


Definitions:

Supply And Demand Diagram

A graphical representation of the relationship between the quantities of a good that sellers are willing to sell and buyers are willing to buy, at various prices.

Negative Externality

A negative externality occurs when a product or decision costs a third party who did not choose to incur that cost.

Wooden Sculpture

A piece of art or decorative object carved from wood.

Safety Hazard

A condition in the workplace or environment that has the potential to cause harm or injury to people.

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