Match Each of the Following Calculations with Their Corresponding Variance

question 127

Multiple Choice

Match each of the following calculations with their corresponding variance.
-Materials usage variance

• A)Actual quantity × actual price
• B)(Actual hours × actual rate) - (standard hours × standard rate)
• C)(Actual quantity × actual price) - (standard quantity × standard price)
• D)(Actual hours - standard hours) × standard rate
• E)(Actual price - standard price) × actual quantity
• F)Standard quantity × standard price
• G)(Actual rate - standard rate) × actual hours
• H)(Actual quantity - standard quantity) × standard price

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Definitions:

United States And Russia

Two potent global actors, their relationship spans complex interactions including strategic competition, historical Cold War rivalry, and periods of diplomatic cooperation.

Truman Doctrine

A U.S. foreign policy established in 1947 by President Harry S. Truman, declaring support for countries resisting communism and Soviet expansion.

Concept Of Containment

A geopolitical strategy aimed at preventing the expansion of an enemy, notably used during the Cold War to limit the spread of communism.

Medicaid

A joint federal and state program that helps with medical costs for people with limited income and resources, offering benefits not typically covered by Medicare.