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MATCHING Identify the Letter of the Choice That Best Matches the the Phrase

question 64

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Selects data from the Internet to add to an Excel worksheet.


Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected (or standard) variable overhead allocated, based on activity level.

Lubricants

Substances applied to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move.

Variable Manufacturing Overhead

Costs that vary with the level of production output and include expenses such as indirect materials, supplies, and utilities used in manufacturing.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the expected variable overhead based on efficient operations.

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