A Manufacturer of Playground Equipment Has a Standard Costing System

question 54

Multiple Choice

A manufacturer of playground equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period:
The fixed manufacturing overhead budget variance for the period is closest to:

• A) $3,595 U
• B) $550 F
• C) $2,763 U
• D) $784 F

---

Definitions:

Knowledge Sharing

The exchange of skills, information, or understanding among individuals, teams, or organizations, which can lead to innovation and improved performance.

Communication Barriers

Obstacles that hinder the effective exchange of ideas or information, which can arise from linguistic differences, cultural misunderstandings, and physical distance among others.

Cultural Differences

Variabilities in norms, values, beliefs, and practices among people from different backgrounds or communities.

Corporate Grapevine

An informal communication network within a business organization, through which information and rumors circulate.