Minerals Are ____

question 12

Multiple Choice

Minerals are ____.

• A)formed quickly deep within Earth's core
• B)often found in their liquid form
• C)all extremely hard
• D)the building blocks of rocks
• E)never composed of any radioactive isotopes

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Definitions:

Standard Costs

Predetermined costs for materials, labor, and overhead used as a benchmark for measuring performance.

Pounds

A unit of weight commonly used in the British imperial and United States customary systems, equivalent to 0.453592 kilograms.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard quantity expected to be used, valued at the standard cost.

Materials Price Variance

The difference between the actual cost of materials used in production and the standard cost of those materials.