Which of the Following Is Not a Resource That Might

question 110

Multiple Choice

Which of the following is not a resource that might not be included in deciding a facility layout?

• A) desk
• B) work center
• C) telephone switch
• D) person

---

Definitions:

Labor Quantity Variance

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

Standard Costing System

A cost accounting system that assigns predetermined costs to products and services, used to plan budgets and assess performance by comparing actual costs against these standards.

Total Price Variance

The difference between the actual cost of a good or service and its expected cost based on standard pricing.

Quantity Variances

Differences between actual and expected (or standard) quantities of inputs or outputs in the production process, affecting costs.