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Map Exercise 12-3
You will need three pens of different colors for this exercise. On the second outline map that follows and using the map in the text entitled "The Kansas-Nebraska Act and Slavery Expansion, 1854" as a guide:
-Refer to Map Exercise 12-3. Using pens of different colors, designate each of the following and create a map legend that indicates your choice:
Free state or territory Slave state or territory Territory open to slavery
Fixed Component
A portion of total costs that remains constant, regardless of changes in the production level or sales volume.
Underapplied
A situation where the allocated manufacturing overhead costs are less than the actual overhead costs incurred.
Overapplied
A situation where the estimated cost allocated to a product or job exceeds the actual costs incurred.
Fixed Overhead Budget
A financial plan that estimates the fixed costs needed to produce goods or services over a specific period.
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