MATCHING Match Each Term with Its Corresponding Function or Description

question 99

Multiple Choice

MATCHING
Match each term with its corresponding function or description.
-a collapsible tube that carries food to the stomach

• A)large intestine
• B)pancreas
• C)liver
• D)stomach
• E)esophagus
• F)salivary gland
• G)gallbladder
• H)mouth
• I)pharynx
• J)small intestine

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Definitions:

Standard Cost System

An accounting system that uses cost estimates for material, labor, and overhead to assign costs to products and analyze variances.

Fixed Manufacturing Overhead Rate

A consistent charge per unit of production or period that allocates the total fixed manufacturing overhead costs.

Variances

The difference between expected and actual performance or costs in business operations.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process, often used as a basis for allocating manufacturing overhead costs.