According to Moore's Law, the ________

question 20

Multiple Choice

According to Moore's Law, the ________.

• A)price of integrated chips will increase once in eighteen months
• B)size of computing devices and integrated chips doubles every year
• C)number of transistors per square inch on an integrated chip doubles every 18 months
• D)size of computing devices and integrated chips reduce by fifty percent every year

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Definitions:

Total Variance

The overall difference between the budgeted or standard cost figures and the actual figures.

Variable Overhead

A redefinition of variable manufacturing overhead; variable overhead encompasses all variable expenses involved in the operation of a business that are not directly tied to a specific product unit.

Standard Quantity

A benchmark or norm for the amount of materials or labor expected to be used during the production of a good or service.

Direct Materials

Direct materials are the raw materials that are directly traceable and integral to the finished product in the manufacturing process.