If the Price Paid Per Unit Differs from the Standard

question 90

Multiple Choice

If the price paid per unit differs from the standard price per unit for direct materials, the variance is termed:

• A) variable variance.
• B) controllable variance.
• C) price variance.
• D) volume variance.

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Definitions:

Reticular Fibers

Fine, branching fibers composed of collagen and glycoproteins, forming a supportive network in various tissues.

Tensile Strength

The maximum stress that a material can withstand while being stretched or pulled before failing or breaking.

Gas Exchange

The biological process through which organisms exchange oxygen and carbon dioxide with their environment, critical for respiration.

Simple Squamous Epithelium

A single layer of flat, scale-like cells that line surfaces involved in passive diffusion, such as the linings of blood vessels and air sacs of the lungs.