Which of the Following Carriers Typically Transports Goods for the Company

question 42

Multiple Choice

Which of the following carriers typically transports goods for the company that owns the carrier,they are not subject to economic regulation,and since the fleets are rather large the cost of transport is very likely less than if the company had hired another company to provide the service?

• A)​Common carrier
• B)​Exempt Carrier
• C)​Contract Carrier
• D)​Private Carrier

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Definitions:

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard quantity expected to be used, multiplied by the standard cost per unit.

Direct Materials Purchases Variance

The difference between the actual costs of materials purchased and the expected (standard) costs.

Variable Overhead

Costs that fluctuate with changes in production volume, such as utilities or indirect materials, which are part of the overall overhead but vary with the level of output.

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the standard variable overhead allocated to produced goods, based on the standard variable overhead rate.