The Difference Between Actual Quantity Used and Standard Quantity Multiplied

question 58

Multiple Choice

The difference between actual quantity used and standard quantity multiplied by standard price is the equation for computing the

• A) direct labor efficiency variance.
• B) direct materials price variance.
• C) direct labor rate variance.
• D) direct materials quantity variance.

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Definitions:

Commensalism

A relationship between two organisms where one benefits and the other is neither harmed nor benefited.

Predation

The interaction between two species where one organism, the predator, feeds on another organism, the prey, as a source of energy and nutrients.

Finch Species

A group within the bird family, known for their diversity in beak shapes and sizes, which has been extensively studied in evolutionary biology.