Your Friend Asks You,"So,what Did You Get Up to Last

question 27

Essay

Your friend asks you,"So,what did you get up to last night?" Write two or three sentences in response to your friend;use your sentences to illustrate the three components of language described in your text.

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Definitions:

Unfavorable Variance

A situation where actual costs exceed budgeted or expected costs.

Efficiency Variance

The difference between the actual input used in production and the standard input that was expected to be used.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a category or period, indicating over or underspending.

Quantity Variance

The difference between the actual quantity of materials or labor used in production and the expected (or standard) quantity.