Which of the following items best describes a project Work Breakdown Structure (WBS)?
a. an organizational chart depicting who will perform project work
b. a schedule depicting when project work will be performed
c. a tool that the team uses to progressively divide deliverables into smaller pieces
d. a list of activities to complete the project work packages
C
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Hatter, Inc. allocates fixed overhead at a rate of $17 per direct labor hour. This amount is based on 90% of capacity or 3,600 direct labor hours for 6,000 units. During July, Hatter produced 5,500 units. Budgeted fixed overhead is $66,000, and overhead incurred was $67,000.Required: Determine the volume variance for July.
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a. without filing b. only with filing c. if the creditor fills out the proper forms in court d. if the creditor is approved by a court official e. none of the other choices are correct
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