Unlike Long-Term Care Facilities, Cluster Housing Developments Are Not

question 121

Multiple Choice

Unlike long-term care facilities, cluster housing developments are not

• A) covered by Medicaid or other insurance.
• B) effective in reducing environmental press.
• C) focused on being cost-effective.
• D) a research-based way to remain in a familiar environment.

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Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected variable overhead based on a standard rate.

Direct Materials Purchases Variance

The difference between the actual cost of direct materials purchased and the expected (budgeted) cost of these materials.

Standard Direct Labor-Hours

The estimated amount of labor time required to produce one unit of output, based on established standards.

Variable Overhead Rate Variance

The difference between the actual and the standard cost of variable overheads in a production process.