The firm up and upper produces lawn games. pvc piping is a direct material for these lawn games. the firm accounts for inventory using a full standard costing system. this period the firm purchased and used a total of 500 feet of pvc piping. the firm's actual and budgeted lawn games production are the same. standard quantity is 475 feet of pvc piping. standard price is $5 per foot of pvc piping. the firm actually paid $5.10 per foot of pvc piping. what would be the debit to wip for direct materials used

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.