Match the definition on the left with the term on the right

Match the definition on the left with the term on the right. Definition a. Measures the difference between the actual fixed MOH costs incurred and the budgeted fixed MOH costs b. Tells managers how much of the total variance is due to using a greater or lesser amount of time being worked than anticipated c. Tells managers how much of the total variance is due to paying a different price than expected for direct materials d. Tells managers how much of the total variable MOH variance is due to using more or less hours of the allocation base than anticipated for the actual volume of output e. Measures the difference between the budgeted fixed MOH costs and the standard allocated fixed MOH costs f. Tells managers how much of the total variance is due to paying a different hourly wage rate than anticipated g. Also known as attainable standards h. Also called the variable overhead spending variance i. Tells managers how much of the total variance is due to using a different quantity of direct materials than expected j. Standards based on conditions that do not allow for any waste in the production process k. The budgeted cost for a single unit of product Term 1. Direct labor rate variance 2. Fixed overhead budget variance 3. Standard cost 4. Variable overhead efficiency variance 5. Direct materials quantity variance 6. Direct labor efficiency variance 7. Variable overhead rate variance 8. Practical standards 9. Ideal standards 10. Direct materials price variance 11 . Fixed overhead volume variance