When standard quantity exceeds actual quantity, the result is a. an unfavorable direct materials quantity variance. b. a favorable direct materials price variance. c. an unfavorable direct materials price variance. d. a favorable direct materials quantity variance?

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Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?

Andrea's opportunity cost rate is 12 percent compounded annually. how much must he deposit in an account today if he wants to receive $2,100 at the beginning of each of the next seven years? use the equation method to determine the amount.