Pull the rope to favorable or not
Exercise and reference answers
- Categories
- Favorable
- Unfavorable
- Questions
- Answer
- Unfavorable
- Question
- Spending more than the standard.
- Answer
- Unfavorable
- Question
- Using more material than allowed.
- Answer
- Favorable
- Question
- Paying below the standard wage rate.
- Answer
- Favorable
- Question
- Buying material below standard price.
- Answer
- Unfavorable
- Question
- Taking longer than the standard time.
- Answer
- Favorable
- Question
- Using less material than allowed.
- Instructions
- Tap the side of the rope that each outcome belongs to.
Explanation
_Source: OpenStax Principles of Accounting, Volume 2: Managerial Accounting (CC BY-NC-SA 4.0), Ch 8 'Standard Costs and Variances'_