In All Systems, Exposures Outside the Range Indicate ______

question 38

Multiple Choice

In all systems, exposures outside the range indicate ______.

• A)Overexposure
• B)Underexposure
• C)Both overexposure and underexposure
• D)Neither overexposure nor underexposure

---

Definitions:

Materials Quantity Variance

Materials quantity variance is the difference between the actual quantity of materials used in production and the expected quantity, based on standard usage rates.

Materials Price Variance

The difference between the actual cost of materials and the standard cost, used to assess efficiency in purchasing raw materials.

Raw Materials

The basic substances in their natural, modified, or semi-processed states, used as inputs for the production process in manufacturing goods.

FOH Budget Variance

The difference between the actual factory overhead costs incurred and the budgeted overhead costs set at the beginning of a period.