The Population Numbers from the Census Determine How Many Seats

question 26

Multiple Choice

The population numbers from the census determine how many seats each state receives in the:

• A)Senate.
• B)House of Representatives.
• C)Joint subcommittee.
• D)Ways and Means committee.
• E)Executive cabinet.

---

Definitions:

Fixed Overhead Volume Variance

The difference between the budgeted and actual fixed overhead costs, attributed to variations in the number of units produced.

Standard Fixed Manufacturing Overhead Rate

A predetermined rate used to assign fixed manufacturing overhead costs to products based on a consistent activity base.

Fixed Overhead Budget Variance

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

Actual Fixed Overhead Costs

Actual fixed overhead costs are the incurred expenses that do not vary with the level of production or sales, such as rent and salary of permanent staff.