Match the Philosopher with the Term with Which He Is

question 76

Multiple Choice

Match the philosopher with the term with which he is associated.
-British associationism

• A)Benedict Spinoza
• B)George Berkeley
• C)René Descartes
• D)Thomas Hobbes

---

Definitions:

Overhead Rate

A calculation used to allocate indirect costs to products or services, typically expressed as a rate per unit of activity (e.g., labor hours or machine hours).

Standard Cost System

A cost accounting system that assigns fixed costs for materials, labor, and overhead to products, allowing for variance analysis.

Actual Results

The actual outcomes or figures achieved, compared against forecasts or budgeted amounts.

Raw Materials Price Variance

The difference between the actual cost and the standard cost of raw materials used in production, reflecting price fluctuations.