Adizero Ltd Uses a Standard Cost System The Fixed Overhead Budget Variance Was:
A) $10,000 F
B)

question 82

Multiple Choice

Adizero Ltd uses a standard cost system. Indirect costs were budgeted at $200,000 plus $15 per direct labour hour. The overhead rate is based on 10,000 hours. Actual results were: $\begin{array}{lr}\text { Standard direct labour hours } & 9,000 \\\text { Actual direct labour hours } & 10,000 \\\text { Fixed overhead } & \$ 190,000 \\\text { Variable overhead } & \$ 185,000\end{array}$
The fixed overhead budget variance was:

• A) $10,000 F
• B) $20,000 U
• C) $20,000 F
• D) $10,000 U

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Definitions:

Survey

A survey is a research method used for collecting data from a predefined group of respondents to gain information and insights on various topics of interest.

Double-Blind Control

A study or experiment design in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.

Experimenter Bias

A form of bias introduced into a study's results due to the experimenter's expectations, attitudes, or behavior affecting the subjects' performance or responses.

Independent Variable

The factor in a study that the investigator alters to examine its impact on the outcome variable.