Actual cost > standard cost at actual volumes

A) Ideal standard
B) Nonfinancial performance measure
C) Currently attainable standard
D) Unfavorable cost variance
E) Favorable cost variance

Unfavorable Cost Variance

A situation where actual costs exceed standard or planned costs, indicating inefficiencies or increased expense.

Standard Cost

A pre-determined estimate of the cost to produce or acquire a single unit of product or service, used for budgeting and measuring performance.