Which of the following variances are most similar with respect to the manner in which they are calculated?
A. Labor rate variance and labor efficiency variance.
B. Material price variance and material quantity variance.
C. Material price variance, material quantity variance, and total material variance.
D. Material price variance and labor efficiency variance.
E. Material price variance and labor rate variance.
Answer: E
You might also like to view...
Sales reported on the income statement were $372,000. The accounts receivable balance declined $4,500 over the year. The amount of cash received from customers was $367,500
Indicate whether the statement is true or false
According to your text book, why would it be erroneous to project organizational assumptions – such as structure and hierarchy etc – on Linux?
a. Linux is a failure because it has few if any organizational properties b. Microsoft NT and XP offer a far more superior product than Linux c. Linux is an emergent product of loosely coupled networks rather than an organization d. Both a and b
An agile system can process data from different sources and different data formats.An agile system can:
a. Deal with the heterogeneity of data sources. b. Replace missing values. c. Allow the decision scientist to manage the variety of data. d. All of the above must be included in an agile system.
A data warehouse is filled with file cabinets and binders where past market research is stored.
Answer the following statement true (T) or false (F)