Jake Watches as Water Is Poured from a Low, Large

question 219

Multiple Choice

Jake watches as water is poured from a low, large glass, to a tall, thin glass. He says the tall, thin glass has more than the low large glass has. What has he done when watching the problem?

• A) He's centrated
• B) He's reversed.
• C) He's missed a step.
• D) He's guessed.

---

Definitions:

Labor Cost Variance

The difference between the actual labor costs incurred and the standard labor costs for the actual production achieved; it is used for monitoring labor performance.

Standard Cost

A predetermined cost of manufacturing, purchasing, or using a product or service, used in budgeting and variance analysis.