​ *Actual Hours Are Equal to Standard Hours for Units Produced.​

question 168

Multiple Choice

​
*Actual hours are equal to standard hours for units produced.​
-If the total revenue variance is favorable and the revenue price variance is unfavorable, then the revenue volume variance must

• A)exceed the revenue price variance and be favorable
• B)be less than the revenue price variance and be unfavorable
• C)be less than the revenue price variance and be favorable
• D)be equal to the revenue price variance and be favorable

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Definitions:

Crystal Ball

A metaphorical term often used to describe the attempt to predict or foresee future events, typically with uncertainty.

PERT

Program Evaluation and Review Technique, a project management tool used to schedule, organize, and coordinate tasks within a project.

Batch Fit Tool

A Batch Fit Tool is a software or methodology used in manufacturing and production to ensure compatibility and optimize the grouping of items, components, or materials in batches.

Crystal Ball

A metaphorical term often used to describe the attempt to predict future events or outcomes with certainty.