An Herb Is a

question 53

Multiple Choice

An herb is a

• A) flavoring that is derived from the fruit, bark, seeds, or root of a plant.
• B) plant leaf valued for its flavor or scent.
• C) plant leaf with medicinal value only.
• D) plant extract that is oil based.

---

Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected overhead based on standard rates.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard cost allotted for the actual production achieved, indicating the efficiency of utilizing variable resources.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected quantity, valued at standard cost.

Favorable

A term used in variance analysis indicating that actual costs were lower than budgeted or standard costs, leading to higher profits.