Jessep Corporation has a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours. The company has provided the following data concerning its fixed manufacturing overhead costs in March: Actual machine-hours 14,000hoursStandard machine-hours allowed for the actual output 12,000hoursDenominator activity 15,000hoursActual fixed manufacturing overhead costs$48,000 Budgeted fixed manufacturing overhead costs$45,000 ?The fixed manufacturing overhead budget variance is:
A. $2,000 U
B. $2,000 F
C. $1,000 U
D. $3,000 U
Answer: D
You might also like to view...
Hiring a consultant is expensive, but it also ________ the insights that could be obtained.
A. limits B. distracts C. increases D. makes no difference to
Funds obtained from ________ are the least expensive in terms of cost and control.
A. commercial banks B. private placement C. the entrepreneur's personal resources D. friends and family
Hal holds a gun to Irving's head and tells him to sign the contract. Irving signs the contract, because he fears for his personal safety. The contract is void, because it was entered into under duress
a. True b. False Indicate whether the statement is true or false
________ can help create brand recognition, but only ________ can create brand insistence.
A. Publicity; product trials B. Design; price C. Brand names; endorsements D. Advertising; satisfying experiences E. Quality; distribution