Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match each of the following formulas and phrases with the term it describes.
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(Actual Direct Labor Hours - Standard Direct Labor Hours) × Standard Rate per Hour
(Actual Rate per Hour - Standard Rate per Hour) × Actual Hours
(Actual Price - Standard Price) × Actual Quantity
(Actual Quantity - Standard Quantity) × Standard Price
Standard variable overhead for actual units produced
Direct labor time variance
Direct labor rate variance
Direct materials price variance
Budgeted variable factory overhead
Direct materials quantity variance

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005