Collette Is Sitting with Her Young Son Jim, and Has

question 62

Multiple Choice

Collette is sitting with her young son Jim, and has placed five jellybeans in front of him. Jim starts to count the beans, and as he points to the beans says, "one, two, three!" He then looks up at Collette and smiles. Jim has not yet mastered the

• A) ​stable-order principle.
• B) ​one-to-one principle.
• C) ​cardinality principle.
• D) ​universality principle.

---

Definitions:

Direct Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or budgeted) cost, based on standard rates and actual hours worked.

Actual Costs

The real financial expenditures that a company incurs, as opposed to budgeted or estimated costs.

Standard Materials Quantity

The predetermined amount of materials expected to be used in the production of a single unit or a batch of product, under normal conditions.

Direct Labor Hour

A measure of the labor time specifically involved in the direct manufacture of products, not including indirect tasks.