Problem #6 Match each term to the correct definition. Terms Definitions a. Benchmarki 1. Measures whether the quantity of materials ng or labor used to make the actual number of outputs b. Efficiency is within the standard allowed for the number of variance outputs. c. Cost 2. Uses standards based on best practice. variance 3. Measures how well the business keeps unit d. Standard costs of materials and labor inputs within standards. 4. A price, cost, or quantity that is expected under normal conditions