As You Read This Module in Psychology,you Frequently Ask Yourself

question 201

Multiple Choice

As you read this module in psychology,you frequently ask yourself "why" questions,such as "Why would that be true?" as well as relating this new information with your own experiences involving your own "memory." You are using which of the following to help you remember the information in this Chapter ?

• A)elaborative processing
• B)chunking or recoding
• C)rote rehearsal
• D)maintenance rehearsal

---

Definitions:

Overhead Volume

Overhead Volume refers to the level of overhead costs that correlate with the level of production or activity in a company.

Variance Reports

Reports that analyze the difference between planned figures and actual figures for a particular metric, helping management understand performance discrepancies.

Labor Quantity Variance

The difference between the actual hours worked and the standard hours expected, multiplied by the standard labor rate.

Controllable Overhead Variance

Controllable overhead variance is the difference between the actual overhead costs incurred and the budgeted overhead costs that could be controlled.