Dapice Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted fixed manufacturing overhead$76,815 Budgeted hours 13,500labor-hoursStandard hours allowed for the actual production 14,400labor-hours?The fixed overhead volume variance is:
A. $21,121 U
B. $21,121 F
C. $5,121 F
D. $5,121 U
Answer: C
You might also like to view...
For complex purchases, the buying center will typically decide what type of sourcing to use in the ________ stage of the business buying decision process
A) problem recognition B) information search C) alternative evaluation D) product and supplier selection E) postpurchase evaluation
What should a salesperson do if the prospect's name is unusual and difficult to spell?
A. Ask the prospect for the correct spelling B. Use the most common spelling C. Spell the name phonetically D. Pronounce the name in the way it is comfortable E. Reduce the usage of the name in the conversation
The forward pass in project network calculations determines all of the following EXCEPT
A. Earliest time an activity can finish. B. Earliest time an activity can begin. C. The critical path. D. Duration of the project. E. How soon the project can finish.
Working capital is defined as:
A. Total assets minus total liabilities. B. Current assets less current liabilities. C. Current assets divided by current liabilities. D. Current liabilities divided by total liabilities.