A Full-Scale Drawing Called a __________ Is a Model for a Major

question 49

Multiple Choice

A full-scale drawing called a __________ is a model for a major painting,tapestry or other two-dimensional work of art.

• A) engraving
• B) sinopia
• C) cartoon
• D) woodcut

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Definitions:

Standard Hours Allowed

The amount of time that should be spent to produce a certain amount of goods or services, according to predetermined standards.

Overhead Volume Variance

A measure used in cost accounting to determine the difference between the allocated overhead costs and the actual overhead costs incurred.

Fixed Overhead Rate

A predetermined rate used to assign fixed overhead costs to cost objects, based on a specific activity level or base.

Normal Capacity Hours

The amount of production capability a company can expect to achieve under normal circumstances over a specific period.