The Total Manufacturing Cost Variance Is

question 12

Multiple Choice

The total manufacturing cost variance is

• A) the difference between actual costs and standard costs for units produced
• B) the flexible budget variance plus the time variance
• C) the difference between planned costs and standard costs for units produced
• D) None of these choices

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Definitions:

Fundamental Attribution Error

The inclination to place undue importance on individual traits while overlooking the influence of environmental contexts when evaluating the actions of others.

Conditioned Taste Aversions

A learned association between a specific taste and illness or discomfort, leading to an aversion of that taste in the future.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic disorders by gradually exposing the subject to the anxiety source or its context without any danger, in order to overcome the anxiety.

Vicarious Conditioning

A method of learning behaviors through the observation of outcomes of those behaviors in others, rather than through direct experience.