Which of the Following Steps Needs to Be Considered to Ensure

question 15

Multiple Choice

Which of the following steps needs to be considered to ensure efficient order fulfillment?

• A)Send a confirmation mail following the placement of an order.
• B)Ask the customers to review a recently purchased item.
• C)Allow the usage of credit cards and debit cards for payment.
• D)Secure adequate storage for inventory.

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Definitions:

Variable Overhead Efficiency Variance

Variable overhead efficiency variance is a metric used to measure the difference between the expected (standard) and actual use of variable overhead resources in production.

Standard Machine-Hours

A predetermined measure of how much machine time is expected for a task, used in cost accounting.

Variable Overhead Rate Variance

The difference between the actual variable overhead rate incurred and the standard rate, multiplied by the actual activity level.

Standard Cost

The predetermined cost of manufacturing a single unit or a number of units during a specific period under normal conditions.