An Observer Counting Customers in a Particular Section of a Store

question 18

True/False

An observer counting customers in a particular section of a store is an example of a field worker.

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Definitions:

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected amount, valued at the standard cost.

Per-unit Standards

Benchmark cost measures for the production of one unit of a product, covering all relevant costs of production.

Gallons

A unit of volume used primarily in the United States to measure liquids.

Materials Variance

The difference between the expected cost of direct materials and the actual cost incurred.