Match the Following

Match the following:
A) Production volume variance
B) Efficiency variance
C) Static budget
D) Standard cost
E) Overhead flexible budget variance
F) Price variance
1) Measures how well the business keeps unit prices of direct material and direct labour inputs within standards
2) Measures whether the quantity of direct materials or direct labour used to make the actual number of outputs is within the standard allowed for that number of outputs
3) Shows how well management has controlled overhead costs
4) A budget for a single unit
5) Prepared for one level of sales volume
6) Arises when actual production volume differs from expected production volume