The total overhead cost variance is the difference between what actual overhead cost is and what it should have cost according to the flexible budget for the good units produced
Indicate whether the statement is true or false
True
You might also like to view...
Venus Manufacturing uses a predetermined overhead allocation rate based on direct labor cost. At the beginning of the year, it estimated the manufacturing overhead rate to be 20% of the direct labor cost. In the month of June, Venus completed Job 13C and its details are as follows:
What is the total cost incurred for Job 13C?
A) $27,632
B) $24,000
C) $10,360
D) $30,360
Which of the following is a signal that Anne is ready to sign the contract to book the reception?
A) She looks at her watch. B) She checks her phone for messages. C) She asks, "How much do I need to put down now to reserve the date?" D) She asks, "Why don't you offer pre-set desserts?" E) She says, "The country club offers a chocolate fountain at no extra cost."
To write effective, scannable resumes, you should avoid
A) Using high-quality paper. B) Placing your name at the top of the resume. C) Using Helvetica or Arial fonts. D) Omitting repetition of keywords from the job advertisement.
Which sentence uses correct capitalization?
A) On Tuesday brady and I will travel to the Trade Show in las vegas to market our new Software products. B) On tuesday Brady and i will travel to the trade show in Las Vegas to market our new software products. C) On Tuesday Brady and I will travel to the trade show in Las Vegas to market our new software products.