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Tap the wrong word in each variance rule

Exercise and reference answers

Questions
  1. Statement parts
    1. Using
    2. fewer
    3. pounds
    4. than
    5. standard
    6. is
    7. unfavourable
    Correction
    favourable
    Incorrect part
    unfavourable
  2. Statement parts
    1. Paying
    2. a
    3. higher
    4. price
    5. per
    6. pound
    7. than
    8. standard
    9. is
    10. favourable
    Correction
    unfavourable
    Incorrect part
    favourable
  3. Statement parts
    1. Price
    2. variance
    3. multiplies
    4. the
    5. price
    6. gap
    7. by
    8. standard
    9. quantity
    Correction
    actual
    Incorrect part
    standard
  4. Statement parts
    1. Materials
    2. quantity
    3. variance
    4. multiplies
    5. the
    6. quantity
    7. gap
    8. by
    9. actual
    10. price
    Correction
    standard
    Incorrect part
    actual
  5. Statement parts
    1. Leaving
    2. normal
    3. capacity
    4. idle
    5. gives
    6. a
    7. favourable
    8. volume
    9. variance
    Correction
    unfavourable
    Incorrect part
    favourable
Instructions
One word in each line is wrong. Tap it to put the line right.

Explanation

_Source: Jonick, Principles of Managerial Accounting, section 8.4 Factory Overhead Variances_
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