If a Master Schedule Has to Be Revised,then the Manager

question 32

Multiple Choice

If a master schedule has to be revised,then the manager may have to ______.

• A)reassign priorities on some customer orders
• B)cut corners on quality
• C)reduce the quantity to be marketed
• D)raise the pay for hourly workers

---

Definitions:

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the expected (or budgeted) variable overhead based on efficient usage of resources.

Material Price Variance

The difference between the actual cost of materials purchased and the expected (or standard) cost, indicating how efficiently materials are being purchased.

Material Usage Variance

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

Quality Of Materials

The measure of suitability of the materials used in production, affecting the durability and functionality of the final product.