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A ________ Structure Makes Perfect Sense for a Small Organization

question 95

Multiple Choice

A ________ structure makes perfect sense for a small organization because employees can come and go with no major ripple effects on the organization.

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Definitions:

Direct Materials Price Variance

The difference between the actual cost of direct materials and the standard cost, multiplied by the actual quantity purchased.

Units

A measure of quantity used to quantify the products, services, or resources dealt with in business operations.

Direct Labor Time Variance

The difference between the actual hours and the standard hours of direct labor spent producing a product multiplied by the standard direct labor rate per hour.

Direct Labor

The cost of employee wages that is directly associated with the manufacturing of products or the provision of services.

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