Match the Following

question 209

Short Answer

Match the following:
A) Production volume variance
B) Efficiency variance
C) Static budget
D) Standard cost
E) Overhead flexible budget variance
F) Price variance
1) Measures how well the business keeps unit prices of direct material and direct labour inputs within standards
2) Measures whether the quantity of direct materials or direct labour used to make the actual number of outputs is within the standard allowed for that number of outputs
3) Shows how well management has controlled overhead costs
4) A budget for a single unit
5) Prepared for one level of sales volume
6) Arises when actual production volume differs from expected production volume

• A) Production volume variance
• B) Efficiency variance
• C) Static budget
• D) Standard cost
• E) Overhead flexible budget variance
• F) Price variance
• 1) Measures how well the business keeps unit prices of direct material and direct labour inputs within standards
• 2) Measures whether the quantity of direct materials or direct labour used to make the actual number of outputs is within the standard allowed for that number of outputs
• 3) Shows how well management has controlled overhead costs
• 4) A budget for a single unit
• 5) Prepared for one level of sales volume
• 6) Arises when actual production volume differs from expected production volume

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Definitions:

Tectorial Membrane

The roof membrane of the organ of Corti in the cochlea of the ear.

Basilar Membrane

The multicellular tissue in the inner ear that separates the cochlear duct from the tympanic canal; the sensory cells of the organ of Corti rest on this membrane.

Cochlea

The structure of the inner ear of mammals that contains the auditory receptors (organ of Corti).

Semicircular Canals

Three fluid-filled tubes in the inner ear that play a key role in maintaining balance and spatial orientation.