Match each definition with its related term by selecting the appropriate term in the dropdown provided. Term 1. Actual Accounting System 2. Direct Labor Efficiency Variance 3. Direct Labor Rate Variance 4. Direct Materials Price Variance 5. Direct Materials Spending Variance 6. Ideal Standard 7. Normal Cost System 8. Standard Cost System 9. Unfavorable Variance 10. Variance Definition 'An accounting system that records all actual amounts after the expense has occurred. The difference between actual labor hours and standard labor hours multiplied by the actual labor rate. The difference between actual labor hours and standard labor hours multiplied by the actual labor rate. The difference between actual price and standard price times the actual quantity of materials used. The difference between actual cost and the flexible budget for materials Standards that can be achieved only under perfect conditions An accounting system that records all direct materials and direct laborat actual amounts, while assigning overhead costs using predetermined overhead rates An accounting system that records all costs based on estimated amounts When actual costs are greater than planned costs Coifference between actual and planned results