Match each of the following terms a through \(j\) with the most appropriate description, 1 through 10.

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Terms Description Standard costs or quantities were greater than actual Allows for a continual allocation of costs to products/services Investigation of variances outside of an acceptable limit Standard that is likely to reflect actual costs Classifies variances as favorable or unfavorable Standard that is unlikely to reflect actual costs Expected costs and quantities required to produce a product/ service Reflects the relevance of factors used to determine the standard Standard that is likely to reflect actual costs, 60-70 percent of the time Standard costs or quantities were less than actual a. Appropriateness of a standard 1. - 2. b. Expected standard 3. c. Favorable variance 4. d. Ideal standard 5. e. Management-by- exception 6. 7. f. Practical standard g. Standard cost system 8. - h. Standard 9. i. Unfavorable variance j. Variance analysis 10.