Standard Costing Word Scrambles

Standard Costing (Word Scramble)

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1. Differences between standard costs and actual costs.	VARIANCES SANEICAVR	Unscramble
2. A word used for the direct materials quantity variance.	USAGE SGAUE	Unscramble
3. This direct materials variance is often calculated at the time the materials are received.	PRICE CPEIR	Unscramble
4. If employees are paid $15 per hour and the standard cost is $14 per hour, there will be a labor _______ variance.	RATE AERT	Unscramble
5. The labor quantity variance is often referred to as the labor _______________ variance.	EFFICIENCY NEYIICFFEC	Unscramble
6. When the standard cost is less than the actual cost, the variance is _______________.	UNFAVORABLE RABEULFVNOA	Unscramble
7. The standard unit cost is applied to the units of good __________.	OUTPUT TTUUPO	Unscramble
8. This variance is associated with fixed manufacturing overhead.	VOLUME LEOMVU	Unscramble
9. A budget that changes with the volume of good output is a ___________ budget.	FLEXIBLE BFLLXEEI	Unscramble
10. The fixed overhead __________ variance should not be affected by a reasonable change in the volume of output.	BUDGET GTUDEB	Unscramble

Standard Costing (Word Scramble)