Match the Following Terms with the Items Below

question 14

Multiple Choice

Match the following terms with the items below:
-Variable overhead efficiency variance

• A)(Actual hours - Standard hours)SVOR
• B)Prediction of what activity costs will be as activity output changes
• C)A measure of capacity utilization
• D)Actual variable overhead - (SVOR * Actual hours)
• E)Difference between the actual amount and the flexible budget amount
• F)A budget that specifies costs for a range of activity
• G)A budget for a particular level of activity
• H)Estimating activity output and then assessing the cost of resources to produce this output
• I)A report that compares actual with planned costs
• J)Difference between actual and budgeted fixed overhead

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Definitions:

Empathy

The capacity to grasp and empathize with someone else's emotions as if you are in their position.

Sharing

The act of giving a portion of what one has to another person or group, often as a social, cooperative behavior.

Moral Development

The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, rules, and laws.

Generosity

The quality of being willing to give money, help, time, etc., to others, often beyond what is expected or required.