The Direct Materials Flexible Budget Variance Can Be Divided into Two

question 28

Multiple Choice

The direct materials flexible budget variance can be divided into two variances-the

• A)price variance and the rate variance.
• B)price variance and the standard variance.
• C)price variance and the quantity variance.
• D)quantity variance and the efficiency variance.

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Definitions:

Sound Wave

A type of pressure wave caused by the vibration of an object, which travels through a medium (e.g., air) and is perceived as sound.

Intensity

The degree of strength, force, or energy in a phenomenon or activity.

Convergence

The turning inward of the eyes, which occurs when they focus on a nearby object.

Eyes

Organs of vision that detect light and convert it into electro-chemical impulses in neurons.