The fixed overhead cost variance measures the difference between actual fixed overhead and budgeted fixed overhead to determine the controllable portion of total fixed overhead variance
Indicate whether the statement is true or false
TRUE
You might also like to view...
The characteristic of ______ means that new media have the capability to adapt to new, different, or changing requirements.
a. personalization b. creativity c. two-way communication d. flexibility
Andrew showed up to every team meeting late and did not complete his part of the project. The rest of the team had to pick up the slack to complete the project on time. Despite his lack of contribution, Andrew received the same group incentive as everyone else on the team. This illustrates which disadvantage of group incentives?
A. Social loafing may occur. B. Individual output may be discounted. C. Outstanding performers may slacken efforts. D. Group infighting may arise.
A global fast-food chain started offering action figures and other toys for children in an attempt to gain an edge over a rival fast-food chain of similar size. Which of the following best describes this approach to gain an advantage?
A) locating substitutes and alternatives for scarce supplies B) showing that one's product is essential to successful operation C) introducing new products and services in order to reduce intensity of rivalry D) demonstrating the functional superiority of one's product over rival products
Two cities have populations of 10,000 and 160,000 . Based on Reilly's law, the point of indifference is 40 miles from the larger city. What is the total distance between each city?
a. 40 miles b. 45 miles c. 50 miles d. 60 miles