Tell Whether the Pair of Ratios Forms a Proportion $$\frac { 4 } { 9 } , \frac { 32 } { 72 }$$

question 16

Short Answer

Tell whether the pair of ratios forms a proportion. Answer yes or no . $$\frac { 4 } { 9 } , \frac { 32 } { 72 }$$

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Definitions:

Materials Price Variance

The difference between the actual cost of materials purchased and the expected (standard) cost times the actual quantity of materials used.

Direct Materials Purchases Variance

The difference between the budgeted cost of materials that should have been purchased for the production volume and the actual cost of materials purchased.

Variable Overhead

Costs that fluctuate with production levels, such as utility bills or raw material costs, that are not directly tied to manufacturing.

Materials Price Variance

The difference between the actual cost of raw materials and the standard (expected) cost, used to assess budgeting efficiency.