The ________ is the right of a seller or lessor to demand the return of goods from the buyer or lessee under specified situations
A) right to dispose of goods
B) right to recover damages
C) right to recover purchase price
D) right to reclaim goods
D
Business
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In producing jelly beans, 4,700 pounds of direct materials were used at a cost of $2.50 per pound. The standard was 4,000 pounds at $2.75 per pound. What is the direct materials quantity variance?
A. $1,925 Favorable B. $1,750 Favorable C. $1,925 Unfavorable D. $1,750 Unfavorable
Business
An organization can choose to either minimize cost or maximize differentiation to gain acompetitive advantage
Indicate whether the statement is true or false
Business