If the Price Paid Per Unit Differs from the Standard

question 123

Multiple Choice

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

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

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Definitions:

Nail

A small, slender piece of metal typically used as a fastener, peg, or spike.

Near Vision

The ability to see objects clearly at a close range, typically within a few inches to a few feet from the eyes.

Inches

A unit of measurement in the Imperial system equal to one-twelfth of a foot, commonly used to measure length.

CN III

The third cranial nerve, also known as the oculomotor nerve, which is responsible for controlling most of the eye's movements, the constriction of the pupil, and maintaining an open eyelid.