Yaakov Has a Problem

question 19

Multiple Choice

Yaakov has a problem. Though he is of normal intelligence and does well in most classes, he struggles tremendously in math. Yaakov is MOST likely suffering from:

• A) an intellectual disability.
• B) attention-deficit hyperactivity disorder.
• C) a learning disability.
• D) Down syndrome.

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Definitions:

Variable Overhead

Costs that fluctuate with the level of production or business activity, such as utilities or raw materials.

Rate Variance

The difference between the expected standard cost and the actual cost incurred, calculated for direct labor rate, overhead rate, or material price.

Standard Direct Labor-Hours

The estimated hours required to produce a units based on standard efficiency and productivity levels.

Labor Efficiency Variance

The difference between the actual hours worked to produce a good or service and the standard hours expected, multiplied by the standard labor rate.