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Amanda noticed that whenever other children asked a question in class, their teacher seemed to get mad at them. Amanda decided not to ask her teacher for help, even though she needed it and her teacher had never seemed to be angry with her. Amanda's behaviour was shaped by
Variable Manuf. Overhead
Costs that vary with production volume, such as utilities and materials used in manufacturing.
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the expected quantity, valued at standard cost.
Variable Manufacturing Overhead
Indirect manufacturing costs that vary with the production volume, such as utilities for machinery.
Standard Costs
Pre-determined or estimated costs used for planning and control purposes, often used to measure performance by comparing them with actual costs.
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