To Calculate the Nominal Standard Dose (NSD), What Factors Must

question 20

Multiple Choice

To calculate the nominal standard dose (NSD) , what factors must be known?
I.Total dose
II.Fraction size
III.Elapsed days

• A) I and II
• B) I and III
• C) II and III
• D) I, II, and III

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Definitions:

Direct Labor Cost Variance

The difference between the budgeted cost of direct labor for production and the actual cost incurred, indicating over or under allocation of resources.

Direct Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or standard) cost, indicating discrepancies in workforce expenses.

Direct Labor Efficiency Variance

A measure of the difference between the actual hours worked and the standard hours expected for the production accomplished.

Favorable

A term used in budgeting and accounting to describe a financial result or variance that is better than expected or budgeted.