Variables That Indicate the Distance a Target Is from the Level

question 46

Multiple Choice

Variables that indicate the distance a target is from the level achieved are called

• A) goal variables.
• B) target variables.
• C) deviation variables.
• D) preemptive variables.

---

Definitions:

Equivalent Units

A concept in process costing that converts partially completed units into a number of fully completed equivalent units.

Conversion Costs

Costs incurred to convert raw materials into finished products, which include direct labor and manufacturing overhead.

Cost Reconciliation

The process of analyzing and adjusting the differences between the recorded costs and the actual costs.

Conversion Costs

The combined costs of direct labor and manufacturing overheads that are incurred in converting raw materials into finished products.