Fleming Incorporated Makes a Single Product-A Critical Part Used in Commercial

question 125

Multiple Choice

Fleming Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The fixed overhead volume variance is:

• A) $63,495 U
• B) $45,495 F
• C) $45,495 U
• D) $63,495 F

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Definitions:

Amygdala

A region of the brain involved in experiencing emotions, particularly those related to survival, such as fear and aggression.

Obsessive-Compulsive Disorder

A mental health disorder characterized by unwanted, repeated thoughts (obsessions) and behaviors (compulsions) that one feels the urge to repeat again and again.

Compulsive Behaviors

Actions that a person feels compelled to perform repeatedly, often in response to an obsessive thought, typically leading to significant distress or impairment.

Reinforcement

In psychology, a process that strengthens or increases the likelihood of a behavior by adding a stimulus following the behavior.