Which of the following is true of open source software?
A. Open source software can offer more innovative features by incorporating ideas from a diverse set of experts.
B. Open source software has more bugs because independent programmers are not allowed to review the code.
C. The developers of open source software do not make the source code of their software public.
D. The motive for developing and improving open source
software is monetary.
Answer: A
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Furtado Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Total budgeted manufacturing overhead$191,940 Budgeted hours 21,000labor-hours Actual production (a) 35,000unitsStandard hours per unit (b) 0.70labor-hoursStandard hours allowed for the actual production (a) × (b) 24,500labor-hours Total actual manufacturing overhead$190,874 Actual hours 23,200labor-hoursThe total amount of manufacturing overhead applied is closest to: (Round your intermediate calculations to 2 decimal places.)
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