The Total Materials Variance Is Equal to the

question 19

Multiple Choice

The total materials variance is equal to the

• A) materials price variance.
• B) difference between the materials price variance and materials quantity variance.
• C) product of the materials price variance and the materials quantity variance.
• D) sum of the materials price variance and the materials quantity variance.

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Definitions:

Hand-off-automatic Circuit

A control circuit allowing equipment operation in hand (manual control), off, or automatic modes, depending on the selected setting.

Operator

An operator is a person or device responsible for managing, controlling, or executing the operation of machines, systems, or processes.

Pilot Device

An interface component used to control and monitor the operation of machinery or equipment, often initiating the start or stop commands.

Control Coil

The coil in a relay or contactor that, when energized, creates a magnetic field to pull in contacts, controlling circuit continuity.