Examlex

Solved

____________________ Refers to Laboratory Testing and Biopsy to Diagnose Oral

question 9

Short Answer

____________________ refers to laboratory testing and biopsy to diagnose oral conditions.


Definitions:

Materials Quantity Variance

The difference between the expected amount of materials needed for production and the actual amount used.

Materials Price Variance

The difference between the actual cost of materials used in production and the expected (or budgeted) cost.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard amount expected to be used, multiplied by the standard cost per unit.

Standard Cost Variances

The differences between the actual costs incurred and the standard costs set for producing a good or service.

Related Questions