Point Company uses the standard costing method. The company's main product is a fine-quality audio speaker that normally takes 0.25 hour to produce. Normal annual capacity is 3,000 direct labor hours, and budgeted fixed overhead costs for the year were $6,750 . During the year, the company produced and sold 8,000 units. Actual fixed overhead costs were $4,800 . Compute the fixed overhead budget
variance.
a. $300 (F)
b. $300 (U)
c. $1,950 (F)
d. $1,950 (U)
C
You might also like to view...
The prospect tells the realtor, "I like the ranch-style house a lot, but I can get more space in the one the other real estate agent showed me and the price is $2,000 less." The salesperson replies, "Yes, but this house is about ten years newer, has more modern appliances, and is better insulated." What method is being used to handle this objection?
A. Boomerang B. Forestalling C. Direct denial D. Indirect denial E. Anticipation
Which of the following expresses proper and common nouns correctly?
A) Tyler uses his new Samsung smartphone to search the Internet for job opportunities. B) ?The Conference in Chicago focused on Workplace Diversity. C) After graduating from College as an Engineering major, Corbin sent applications to many Companies on the East Coast.
The Public Company Accounting Oversight Board (PCAOB) was created by the Sarbanes-Oxley Act of 2002.
Answer the following statement true (T) or false (F)
Proscriptions against murder, theft and adultery are ________ that are central to the functioning of society.
A. mores B. laws C. values D. folkways E. superstitions