_____ Encourages Users of a Product or Service to Ask

question 21

Short Answer

_____ encourages users of a product or service to ask their friends to use the product or service as well.

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Definitions:

Materials Variances

Differences between the actual costs of materials used in production and the standard or expected costs.

Direct Labor

The cost of wages for employees who are directly involved in the production of goods or the provision of services.

Direct Materials Price Variances

The difference between the actual cost of direct materials used in production and the standard cost expected to be used, showing how effectively materials costs are managed.

Direct Labor Rate Variances

The difference between the expected cost of direct labor per unit of production and the actual cost incurred.