Your Grandma Has Just Returned from the Clinic with the Results

question 56

Essay

Your grandma has just returned from the clinic with the results of her dual energy X-ray absorptiometry (DEXA)scan. Her T-score was -2.4. She is confused as she does not know what the T-score is and what the number means. How would you explain her results to her?

---

Definitions:

Cost of Goods Sold

Financial outlays directly resulting from the creation of goods a business trades, including materials and manpower.

Standard Cost Variances

The differences between the expected standard costs of manufacturing a product and the actual costs incurred.

Work in Process Inventories

Partially completed goods that are still undergoing the production process.

Standard Fixed Manufacturing Overhead Rate

This refers to the predetermined rate at which fixed manufacturing overhead costs are allocated to units of production, based on an expected level of activity.