The Two Components of the Direct Labor Flexible Budget Variance

question 13

Multiple Choice

The two components of the direct labor flexible budget variance are the direct labor

• A)price variance and the direct labor quantity variance.
• B)rate variance and the direct labor efficiency variance.
• C)rate variance and the direct labor standard variance.
• D)efficiency variance and the direct labor standard variance.

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Definitions:

Forebrain

The anterior part of the brain, including the cerebral hemispheres, the thalamus, and the hypothalamus, responsible for complex behavioral and cognitive processes.

Cerebellum

A part of the brain located at the back of the skull, primarily responsible for coordinating voluntary movements, balance, and posture.

Endocannabinoids

Natural chemicals in the body that bind to cannabinoid receptors, involved in a variety of physiological processes.

THC

Tetrahydrocannabinol, the principal psychoactive constituent of cannabis that affects the brain by binding to cannabinoid receptors.