Which of the Following Was True of African Nations Gaining

question 33

Multiple Choice

Which of the following was true of African nations gaining independence from European colonization?

• A)South Africa broke free in the early 1980s.
• B)France held its colonies until the late 1960s.
• C)Kenya was the first to win independence in 1957.
• D)Britain eventually let even the white settler colonies go.
• E)French West Africa and French Equatorial Africa achieved independence in 1958.

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Definitions:

Variable Overhead

Costs that vary with production volume, such as utilities for a factory, which do not remain constant as production levels change.

Materials Quantity Variance

Materials Quantity Variance is the difference between the actual quantity of materials used in production and the expected quantity, multiplied by the standard cost per unit, indicating efficiency in material usage.

Labor Efficiency Variance

The difference between the actual hours worked and the standard hours allowed for the actual production, multiplied by the standard labor rate.

Labor Rate Variance

The difference between the actual costs of labor and the expected (or standard) costs, based on the standard labor rate.