A worker would be hurt least by inflation when the: Select one: a. Worker anticipates inflation and increases savings at the bank b. Worker is protected by a cost-of-living adjustment clause in an employment contract c. Worker is protected by fixed annual increases in wages and benefits in an employment contract d. Government increases the level of social security retirement benefits to correct for the effects of anticipated inflation Clear my choice

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is: