Match Each of the Following Terms to the Definitions Below

question 89

Short Answer

Match each of the following terms to the definitions below by entering the letter of the term on the line in front of the definition.
A)Price variance
B)Efficiency variance
C)Overhead flexible budget variance
D)Production volume variance
____ Measures how well the business keeps unit prices of direct material and direct labor inputs within standards
____ Measures whether the quantity of direct materials or direct labor used to make the actual number of outputs is within the standard allowed for that number of outputs
____ Shows how well management has controlled overhead costs

• A)Price variance
• B)Efficiency variance
• C)Overhead flexible budget variance
• D)Production volume variance
• ____ Measures how well the business keeps unit prices of direct material and direct labor inputs within standards
• ____ Measures whether the quantity of direct materials or direct labor used to make the actual number of outputs is within the standard allowed for that number of outputs
• ____ Shows how well management has controlled overhead costs

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Definitions:

Sexual Identity

Refers to how individuals perceive themselves and what they call themselves in terms of their sexuality.

Continuum

A continuous sequence or range where elements change gradually without distinct breaks or jumps.

Functionalism

A theoretical approach in sociology that views society as a complex system whose parts work together to promote solidarity and stability.

Socially Constructed

A concept or perception that exists because of collective agreement or social acceptance, not because of inherent natural qualities.