The Wade-Davis Bill

question 79

Multiple Choice

The Wade-Davis Bill

• A)essentially followed President Lincoln's Reconstruction plans.
• B)was criticized by Conservative Republicans for being too mild.
• C)called for the disenfranchisement of leading Confederates.
• D)denied reentry into the Union by former Confederate states for ten years.
• E)quickly became the law of the land.

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Definitions:

Actual Costs

The real costs incurred in the production of goods or services, including all expenses direct and indirect.

Materials Price Variance

The difference between the actual cost of materials and the expected cost, multiplied by the amount of materials purchased.

Standard Price

A predetermined cost that companies use to value inventory and cost of goods sold, often used in budgeting and performance evaluation.

Actual Price

The real or market price at which an asset or service is bought or sold.