Woodside Company manufactures tables with vinyl tops. The standard material cost for the vinyl used per Style-R table is $7.20 based on 8 square feet of vinyl at a cost of $.90 per square foot. A production run of 1,00 . tables in January resulted in usage of 8,300 square feet of vinyl at a cost of $.80 per square foot, a total cost of $7,055 . If the materials price variance was recorded when
the material was issued to production, that variance was:
a. $290 favorable.
b. $830 unfavorable.
c. $290 unfavorable.
d. $830 favorable.
d
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The research process in the negotiation field has been dominated for the past 50 years by one type of research-________ experimentation.
Fill in the blank(s) with the appropriate word(s).
An abnormal loss:
a. is treated as a period cost. b. is included as part of the cost of transferred goods. c. results in higher unit cost of the remaining units. d. happens under normal, efficient operating conditions.
If the defendant does not answer the complaint, a default judgment is entered against him or her
Indicate whether the statement is true or false
Decentralization refers to companies that have multiple locations.
Answer the following statement true (T) or false (F)