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While viewing an anteroposterior view of a chest radiograph of a 24-month-old intubated child, a therapist notices that the endotracheal tube has now migrated right above the inferior clavicular border. What could explain this new location of the endotracheal tube?
Revenue Variance
The difference between how much the revenue should have been, given the actual level of activity, and the actual revenue for the period. A favorable (unfavorable) revenue variance occurs because the revenue is higher (lower) than expected, given the actual level of activity for the period.
Activity Measure
An allocation base in an activity-based costing system; ideally, a measure of whatever causes the costs in an activity cost pool.
Average Actual Selling Price
The mean price at which goods or services have been sold, calculated over a specific period or volume of sales.
Spending Variance
The difference between how much a cost should have been, given the actual level of activity, and the actual amount of the cost. A favorable (unfavorable) spending variance occurs because the cost is lower (higher) than expected, given the actual level of activity for the period.
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