Which One of the Following Is the Difference in Direct

question 127

Multiple Choice

Which one of the following is the difference in direct material costs between the actual cost incurred during the period and the total standard cost in the flexible budget for the units manufactured during the period?

• A) Direct materials price variance.
• B) Direct materials mix variance.
• C) Direct materials usage variance.
• D) Direct materials flexible-budget variance.
• E) Direct materials efficiency variance.

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Definitions:

Gross Primary Productivity

The total amount of solar energy that photosynthetic organisms capture and convert to organic compounds in a given area over a certain period.

Nitrogen Cycle

The worldwide circulation of nitrogen from the abiotic environment into living things and back into the abiotic environment.

Carbon Cycle

The worldwide circulation of carbon from the abiotic environment into living things and back into the abiotic environment.

Photosynthetic Organisms

Organisms capable of photosynthesis, a process that converts light energy into chemical energy, typically involving the production of oxygen from carbon dioxide.