An Application That Runs on a Pocket PC or Smartphone

question 89

Short Answer

An application that runs on a Pocket PC or Smartphone device is called a(n) ____________________ application.

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Definitions:

Actual Materials Price

The real cost incurred to acquire materials used in the production process, as opposed to the budgeted or standard cost.

Standard Price

A predetermined cost assigned to materials, used for budgeting and variance analysis.

Standard Direct Materials

The predetermined cost and quantity of raw materials required for the production of a unit of product under normal conditions.

Actual Materials Price

The price actually paid for raw materials used in the production process, which can be compared to the standard or budgeted cost to assess efficiency.