____ Computing Is a Platform Incorporating Many Recent Technologies Such

question 98

Multiple Choice

____ computing is a platform incorporating many recent technologies such as SaaS and Web 2.0 under one platform.

• A)Grid
• B)Cloud
• C)Utility
• D)On-demand

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Definitions:

Variable Overhead Rate

The rate at which variable overhead costs are allocated to each unit of production, which may vary with the level of output.

Direct Labor-Hours

Overall employment hours dedicated directly to the manufacturing operation.

Labor Rate Variance

The difference between the actual cost of labor and the budgeted or standard cost, calculated based on hours worked and wage rates.

Labor Standards

Standards specifying the amount of time needed to complete a specific task or produce a set quantity of products.