Accounting


Word Scramble for...

Standard Costing

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



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