Some analysts have argued that cost-benefit analysis is nothing more than an efficiency test and shouldn’t be used because it does not take into account issues involving equity and justice. Do you agree or disagree with this statement? In your response, articulate the merits and shortfalls with CBA, as well as an alternative technique used in its place.

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.