Find the Measurement That Is the Most Accurate

question 1

Multiple Choice

Find the measurement that is the most accurate.

• A) 123 ft
• B) 7,100 ft
• C) 710 ft
• D) 300 ft
• E) The measurements have the same accuracy.

---

Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the standard cost allocated, based on the actual activity level.

Variable Overhead Standards

The predetermined costs associated with variable overheads that are expected to be incurred under normal operating conditions.

Direct Labor-hours

The total hours worked directly on manufacturing a product or providing a service, used as a basis for allocating labor costs in product costing.

Quantity Standard

Pre-determined measure set for the amount of input that should be used in producing a unit of output.