Question

Match the Pairs :

Column 'A'	Column 'B'
(1) DMPV	(a) Not useful for Controlling Costs
(2) Basic Standard	(b) Pre-determined Costs
(3) Standard Costing	(c) (Standard Tin1e-Actual Time) x SR
(4) DLEV	(d) Material Mix Variance
(5) Material Usage Sub-Variance	(e) (SP - AP) x AQ

Answer 1

Column 'A'	Column 'B'
(1) DMPV	(e) (SP - AP) x AQ
(2) Basic Standard	(a) Not useful for Controlling Costs
(3) Standard Costing	(b) Pre-determined Costs
(4) DLEV	(c) (Standard Tin1e-Actual Time) x SR
(5) Material Usage Sub-Variance	(d) Material Mix Variance