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The Two Major Parties in the United States During the 1830s

question 15

Multiple Choice

The two major parties in the United States during the 1830s and 1840s were the ________ and the ________.


Definitions:

Standard Costs

Predetermined costs assigned to goods and services, used as target costs or benchmarks to compare with actual costs in order to manage and control costs.

Total Direct Labor Variance

The difference between the actual cost of direct labor used to produce goods and the standard cost of direct labor expected for those goods.

Rate

A measure, quantity, or frequency, typically one measured against another quantity or measure.

Hours

Units of time, each equal to 60 minutes, used often as a measure for billing, labor, or scheduling.

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