Raven Applies Overhead Based on Direct Labor Hours

question 92

Multiple Choice

Raven applies overhead based on direct labor hours.The variable overhead standard is 2 hours at $11 per hour.During July,Raven spent $116,700 for variable overhead.8,890 labor hours were used to produce 4,700 units.How much is variable overhead on the flexible budget?

• A)$56,400
• B)$97,790
• C)$103,400
• D)$116,700

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Definitions:

Polymorphic Virus

A virus that changes its virus signature (the binary pattern that makes the virus identifiable) every time it infects a new file. This makes it more difficult for antivirus programs to detect the virus.

Macro Virus

A type of malware that is embedded in a document and can execute malicious sequences of commands upon opening the file.

Trojan Horse

A computer program that appears to be something useful or desirable (such as a game or a screen saver), but at the same time does something malicious in the background without the user’s knowledge.

Computer Virus

Malicious software designed to replicate itself and spread to other computers, often causing damage or stealing information.