Synoptic Scale Circulations Are of What Size, Approximately

question 57

Multiple Choice

Synoptic scale circulations are of what size, approximately?

• A) under 1 km
• B) between 1000 and 40,000 km
• C) between 1 and 100 km
• D) between 100 and 5000 km

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Definitions:

Labour Efficiency Variance

It measures the effectiveness of labor usage by comparing the budgeted hours for a set level of production against the actual hours worked, indicating efficiency or inefficiency in labor use.

Static Budget

A budget that does not change or adjust over the period, established at the start of a period and based on a fixed level of activity.

Standard Costing

A cost accounting system that assigns a fixed cost to inventory with the variance analyzed to improve cost control and management decisions.

Labour Efficiency Variance

The difference between the actual hours worked and the standard hours expected to be worked, multiplied by the standard labor rate.