The Number of Galaxies in the Universe Seems to Be

question 29

Multiple Choice

The number of galaxies in the universe seems to be about

• A) 200.
• B) 200,000.
• C) 200 million.
• D) 200 billion.

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Definitions:

Fixed Overhead Volume Variance

The difference between the budgeted and actual fixed overhead costs attributable to a change in the volume of production or procurement.

Fixed Overhead Budget Variance

The difference between the actual fixed overhead costs incurred and the budgeted or standard fixed overhead costs.

Direct Labor-hours

The complete total of working hours by individuals directly involved in the fabrication process.

Fixed Overhead

Costs that do not vary with the level of production or sales, including rent, salaries, and insurance, which are incurred regardless of the business activity level.