Which of the Following Variances Is Generally the Least Significant

question 3

Multiple Choice

Which of the following variances is generally the least significant from the standpoint of cost control?

• A)Materials price variance.
• B)Labor efficiency variance.
• C)Fixed manufacturing overhead volume variance.
• D)Variable overhead rate variance.

---

Definitions:

Perceptual Vigilance

The tendency of individuals to notice and give preferential treatment to stimuli that are relevant to their current needs or interests.

Stimulus Organization

The process by which individuals perceive and organize sensory inputs into meaningful patterns or systems.

Algae Extracts

Algae extracts are substances derived from algae that are used in various industries, including cosmetics, food, and pharmaceuticals, for their beneficial properties.

Spa Products

Items and formulations designed for use in beauty and relaxation treatments, often found at spas.