Match Each of the Following Calculations with Their Corresponding Variance

question 158

Multiple Choice

Match each of the following calculations with their corresponding variance.
-Total materials 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

---

Definitions:

Income Influence

The impact of an individual's or household's income level on their opportunities, lifestyle, and choices.

Social Capital

Refers to the networks or connections that individuals possess.

Network Capital

The valuable resources a person can access through their social networks, including support, information, and opportunities.

Gini Coefficient

A measure of statistical dispersion intended to represent the income inequality or wealth inequality within a nation or any other group of people.