Communication Channels Influence

question 42

Multiple Choice

Communication channels influence

• A) only what is communicated in a message.
• B) only how a message is communicated.
• C) neither how a message is communicated, nor what is communicated.
• D) both how a message is communicated, and what is communicated.

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Definitions:

Materials Price Variance

The variance between the standard cost and the actual expense of materials, calculated by multiplying the actual volume of materials utilized.

Total Labor Variance

A metric that measures the difference between the actual cost of labor and the standard or budgeted cost.

Materials Quantity Variance

This refers to the difference between the expected amount of materials needed for production and the actual amount used, which can impact manufacturing costs.

Predetermined Overhead Rate

A calculated rate used to allocate manufacturing overhead costs to products or job orders, based on a specific activity basis.