In Looking for a Quality Day Care, You Should AVOID

question 528

Multiple Choice

In looking for a quality day care, you should AVOID a day care

• A)that offers a great deal of verbal and cognitive stimulation.
• B)whose caregivers are trained in child development.
• C)whose staff has changed several times in the last year.
• D)that has a total size of 12 to 15 children.

---

Definitions:

Manufacturing Overhead Volume Variance

The difference between the budgeted volume of manufacturing overhead and the actual volume incurred, used for budgeting and cost control.

Overapplied

A situation in cost accounting where the allocated manufacturing overhead costs exceed the actual overhead expenses incurred.

Underapplied

A situation where the allocated or applied costs are less than the actual costs incurred.

Fixed Overhead Budget Variance

The difference between the actual fixed overhead costs incurred and the budgeted or expected costs.