Course Outline
Join PRO
Join PRO to View Coaching

Standard Costing (Word Scramble)

Author:
Harold Averkamp, CPA, MBA

To see each answer, press or click on the blue "Unscramble" button. If you have difficulty answering the following questions, learn more about this topic by reading our Standard Costing (Explanation).

1. Differences between standard costs and actual costs.

VARIANCES ACIERVASN
VARIANCES ESCARAIVN

2. A word used for the direct materials quantity variance.

USAGE AUGSE
USAGE SGEAU

3. This direct materials variance is often calculated at the time the materials are received.

PRICE PICER
PRICE IPCRE

4. If employees are paid $15 per hour and the standard cost is $14 per hour, there will be a labor _______ variance.

RATE TEAR
RATE AETR

5. The labor quantity variance is often referred to as the labor _______________ variance.

EFFICIENCY ECIFCEINFY
EFFICIENCY NCIYIFCFEE

6. When the standard cost is less than the actual cost, the variance is _______________.

UNFAVORABLE ANLOBVAUREF
UNFAVORABLE NUALRBEVOFA

7. The standard unit cost is applied to the units of good __________.

OUTPUT UTTOPU
OUTPUT PTTUOU

8. This variance is associated with fixed manufacturing overhead.

VOLUME LMUEVO
VOLUME VEOMLU

9. A budget that changes with the volume of good output is a ___________ budget.

FLEXIBLE IELBLXEF
FLEXIBLE FEEBLLXI

10. The fixed overhead __________ variance should not be affected by a reasonable change in the volume of output.

BUDGET UEBGTD
BUDGET DGBEUT
Access 1,800+ Premium Test Questions

Get Our Premium Standard Costing Test Questions When You Join PRO

Receive instant access to our entire collection of premium materials, including our 1,800+ test questions.

View All PRO Features

Advance Your Accounting and Bookkeeping Career

Must Watch image

  • Perform better at your job
  • Get hired for a new position
  • Understand your small business
  • Pass your accounting class
Watch the Video
Certificates of Achievement

Earn Our Certificates of Achievement

Certificates of Achievement
  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Working Capital and Liquidity
  • Financial Ratios
  • Bank Reconciliation
  • Accounts Receivable and Bad Debts Expense
  • Depreciation
  • Payroll Accounting
View PRO Plus Features

Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials

Read all 2,651 reviews

Features

PRO

PRO Plus

Features
Lifetime Access (One-Time Fee)
Explanations
Quizzes
Q&A
Word Scrambles
Crosswords
Bookkeeping Video Training
Financial Statements Video Training
Flashcards
Visual Tutorials
Quick Tests
Quick Tests with Coaching
Cheat Sheets
Bookkeeping Study Guide
Managerial Study Guide
Business Forms
All PDF Files
Progress Tracking
Earn Badges and Points
Certificate - Debits and Credits
Certificate - Adjusting Entries
Certificate - Financial Statements
Certificate - Balance Sheet
Certificate - Income Statement
Certificate - Cash Flow Statement
Certificate - Working Capital
Certificate - Financial Ratios
Certificate - Bank Reconciliation
Certificate - Accounts Receivable and Bad Debts Expense
Certificate - Depreciation
Certificate - Payroll Accounting
Motivational Badges
Motivational Points
Medal Rankings
Activity Streaks
Custom Public Profile Page of Achievements

About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

Read 2,651 Testimonials

Take the Tour Join Pro Upgrade to Pro Plus