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The Following Is an Example of the ________ Data Type

question 100

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The following is an example of the ________ data type.
ProductNum,ProductName,DateShipped,Quantity Shipped
59313,XL Golf Shirts,3/15/13,35
72316,Men's Shoe,2/5/13,10
47423,Head covers,3/6/13,20


Definitions:

Standard Quantity

The expected quantity of materials or inputs required for production under normal conditions.

Standard Hours Allowed

The amount of time that should be spent on producing a certain number of units under normal conditions.

Denominator Activity

A term used in cost accounting to refer to the level of activity used to allocate fixed costs to cost units.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead based on hours worked and the standard cost of variable overhead for those hours, indicating efficiency in controlling variable overhead costs.

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