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CenterWare is a manufacturer of large flower pots for urban settings. The company has these standards: Requirement 1: Word Options for fill-in-the-blank for DM price

CenterWare is a manufacturer of large flower pots for urban settings. The company has these standards: image text in transcribed image text in transcribed Requirement 1: image text in transcribed Word Options for fill-in-the-blank for DM price variance and DM quantity variance formulas: image text in transcribed Requirements 2, 3, and 4: image text in transcribed Requirement 2 Options (Please choose the correct one): image text in transcribed Requirement 3 Options (please complete sentence with correct term in parentheses): The (marketing, production, purchasing, or sales) department is responsible for the materials price variance. The (marketing, production, purchasing, or sales) department is responsible for the materials quantity variance. Requirement 4 Options (please complete the sentences with correct term in parantheses): The (unfavorable, favorable) materials price variance means that the actual price of Chic Ceramics' personnel paid for resin (exceeded, did not exceed) the standard budgeted price for resin. The (unfavorable, favorable) materials quantity variance means that Chic Ceramics' employees used (less, more) resin than they should have to produce 1,700 pots.

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