A Total Variable Cost Variance (Such as for Direct Materials)can

question 96

Multiple Choice

A total variable cost variance (such as for direct materials) can be broken down into separate variances that evaluate:

• A)Price and efficiency.
• B)Units and cost.
• C)Volume and productivity.
• D)Sales volume versus sales mix.
• E)Efforts and results.

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Definitions:

Unconscionable

An action or a contract deemed to be so unfair or unjust towards a party that no reasonable or informed person would agree to it.

Business Law

A branch of law that deals with the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.

Intoxicated

A condition of having physical or mental control significantly impaired by drugs or alcohol.

Defamation

A false statement or an action that harms the reputation or character of an individual, business, product, group, government, or nation.