If the Actual Quantity of Direct Materials Used in Producing

question 86

Multiple Choice

If the actual quantity of direct materials used in producing a commodity differs from the standard quantity,the variance is termed:

• A)controllable variance.
• B)price variance.
• C)quantity variance.
• D)rate variance.

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Definitions:

Sales Representative

A person employed by a company to sell its products or services to customers, often responsible for managing customer relationships and achieving sales targets.

Television Station

A service provider or facility that delivers television programming through over-the-air broadcasts to viewers in a specific geographic area.

Orphaned Customers

Customers who lose their representative or point of contact in a company and may feel neglected or underserved.

Cosmetics Company

A business specializing in the production and sale of beauty and personal care products, such as makeup, skincare, and fragrances.