Match Point, Inc. has the following overhead standards:Variable overhead: 4 hours at $8 per hourFixed overhead: 4 hours at $10 per hourThe standards were based on a planned activity of 20,000 machine hours when 5,000 units were scheduled for production. Actual data follow.Variable overhead incurred: $167,750Fixed overhead incurred: $210,000Machine hours worked: 19,800Actual units produced: 5,100Match Point's variable-overhead spending variance is:

A. $9,350 unfavorable.
B. $4,550 unfavorable.
C. $4,800 favorable.
D. $550 favorable.
E. None of the answers is correct.


Answer: A

Business

You might also like to view...

Which of the following isĀ notĀ indicative of a complex capital structure?

A. Outstanding convertible preferred stock. B. Outstanding stock options. C. Outstanding convertible bonds. D. Outstanding cumulative preferred stock.

Business

In its advertisement, Timberland gives a close-up of one of its boots to show its fine craftsmanship. At the bottom of the advertisement is "Est. 1973," followed by the phrase "Best Then. Better Now." What type of pricing strategy is Timberland most likely to use with this ad?

A. Survival B. Return on investment C. Market share D. Cash flow E. Product quality

Business

________ are messages that mention only positive product attributes or benefits.

A. Close-ended messages B. Slice-of-life messages C. Conclusive messages D. One-sided messages E. Refutational appeals

Business

If the optimal value of a decision variable is zero and its reduced cost is zero, this indicates that alternative optimal solutions exist

Indicate whether the statement is true or false

Business