You Can Name a Range by ____

question 33

Multiple Choice

You can name a range by ____.

• A) selecting a cell or range, tapping or clicking the Define Name button (FORMULAS tab | Define Names group)
• B) selecting a cell or range, typing the name in the formula bar, and pressing the ENTER key

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Definitions:

Variable Factory Overhead

Costs in the manufacturing process that fluctuate with production volume, such as materials and labor directly involved in production.

Controllable Variance

The difference between actual costs and budgeted costs that a manager has direct control over in a given period.

Favorable Volume Variances

Differences between the expected volume of production or sales and the actual volume that lead to lower costs or higher profits than planned.

Production Capacity

The maximum output that an organization can produce in a given period under normal working conditions, considering available resources.