Question: Match each word or phrase with the proper definition. - A . B . C . D . E . F . G . H
Match each word or phrase with the proper definition.
ABCDEFGHIJ
Cost Control
ABCDEFGHIJ
Ideal Standards
ABCDEFGHIJ
Standard Hours Allowed
ABCDEFGHIJ
Total Budget Variance
ABCDEFGHIJ
Unfavorable Variances
ABCDEFGHIJ
Fixed Overhead Variance
ABCDEFGHIJ
Fixed Overhead Costs
ABCDEFGHIJ
Fixed Volume Variance
ABCDEFGHIJ
Fixed Overhead Spending Variance
ABCDEFGHIJ
Variable Overhead Variance
A
The difference between the actual cost of the input and it's planned output
B
The difference between actual fixed overhead and the budgetd fixed overhead.
C
Often the primary difference between success and failure or between aboveaverage profits and lesser profits.
D
The difference between the actual variable overhead and applied variable overhead.
E
Requires maximum efficiency and can only be acheived if everything operates perfectly.
F
Calculated by multiplying the unit labor standard by the actual output
G
The difference between actual fixed overhead and applied fixed overhead.
H
The difference between budgeted fixed overhead and applied fixed overhead.
I.
The reuslt when actual prices or actual usage of inputs are greater than the standard prices or standard usage.
J
Capacity costs acquired in advance of usage
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