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Figure 11-4

question 61

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Figure 11-4. Kris Company calculates its predetermined rates using practical volume,which is 325,000 units.The standard cost system allows 3 direct labor hours per unit produced.Overhead is applied using direct labor hours.The total budgeted overhead is $4,260,000,of which $994,000 is fixed overhead.The actual results for the year are as follows:
Figure 11-4. Kris Company calculates its predetermined rates using practical volume,which is 325,000 units.The standard cost system allows 3 direct labor hours per unit produced.Overhead is applied using direct labor hours.The total budgeted overhead is $4,260,000,of which $994,000 is fixed overhead.The actual results for the year are as follows:   Refer to Figure 11-4.Calculate the fixed overhead volume variance. A) $32,000 U B) $20,000 F C) $22,000 F D) $4,000 U E) none of these Refer to Figure 11-4.Calculate the fixed overhead volume variance.


Definitions:

Standard Modules

Modules that provide common, reusable functionalities or procedures in software development, adhering to standard specifications.

Universal Modules

Components designed to be compatible across different systems or devices, facilitating easier integration and interoperability.

Encryption

The process of converting information or data into code, especially to prevent unauthorized access.

Password

A secret string of characters used to authenticate or gain access to a digital system or service, protecting it against unauthorized access.

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